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IKIO Technologies Limited — Merger & Acquisition 2026
Jan 3, 2026
59691_rns_2026-01-03_ff59b6f2-7979-41f3-9c72-5459e88e284d.pdf
Merger & Acquisition
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BSELimited |
TheNationalStockExchangeofIndia |
|---|---|
DalalStreet, |
Limited |
PhirozeJeejeebhoyTowers, |
ExchangePlaza,5thFloor, PlotNo.C/1, |
Mumbai400001 |
GBlock,Bandra-KurlaComplex, |
ScripCode:543923 |
Bandra(East),Mumbai400051. |
Symbol:IKIO |
Sr.No. |
Particulars |
Details |
|---|---|---|
a) |
Nameofthetargetentity,details inbrief |
GravusTechPrivateLimited(“Gravus”),a |
suchassize,turnoveretc |
newlyincorporatedprivatelimited |
|
companyinIndia,incorporatedon |
||
September02,2025.Thecompanyhasa |
||
paid-upsharecapitalofZ1,00,000.Asthe |
||
companyisnewlyincorporated,therefore |
||
doesnothaveanyturnover. |
||
b) |
whethertheacquisitionwouldfallwithinrelatedpartytransaction(s)and |
Thistransactiondoesnotconstitutea relatedpartytransaction. |
whetherthepromoter/promotergroup/ |
||
groupcompanieshaveanyinterestin |
IKIOTechnologiesLimited,promoter |
|
theentitybeingacquired? |
/promotergroupanditssubsidiariesdonot |
|
haveanyinterestinGravusTechPrivate |
||
If yes,natureofinterestanddetails |
Limited. |
|
thereofandwhetherthesameisdoneat |
||
“arm’slength. |
||
) |
industrytowhichtheentitybeing |
Marketingofalltypesofelectronicgoods, |
acquiredbelongs |
parts,gadgets,instrumentsandappliances, |
|
LEDLights,LEDFixture,LEDDriverand |
||
otherelectronicsgoodsandpartsthereof. |
||
Further,GravusTechPrivateLimitedisled |
||
byMr.GurjitSingh,Director,whohasover |
||
adecadeofexperienceinmarketing |
||
electronicandLEDproducts.TheIKIO |
||
Groupisexpectedtobebenefitedfromhis |
||
marketingexpertise,whichwillsupportand |
||
strengthenthemarketinganddistributionof |
||
theIKIOGroup’sproducts. |
||
d) |
objectsandimpactofacquisition(includingbutnotlimitedto,disclosure |
GravusTechPrivateLimitedwillbeutilizedformarketinganddistributionof |
ofreasonsforacquisitionoftarget |
IKIOGroupproducts,therebysupporting |
|
entity,ifitsbusinessisoutsidethemain |
thebusinessexpansionandincreasing |
|
lineofbusinessofthelistedentity) |
marketreachfortheGroup. |
|
) |
briefdetailsofanygovernmentalorregulatoryapprovalsrequiredforthe |
Notapplicable |
acquisition |
||
indicativetimeperiodforcompletionof |
Theacquisitionwillbecompletedafter |
|
theacquisition |
executionofsharepurchaseagreement |
|
betweenthepartiesandaftercompletionthe |
||
statutoryformalitiesasperapplicablel% |
||
<2 |
|2)|Consideration-whethercash| Cashconsideration|Consideration-whethercash| Cashconsideration|
|---|---|---|
||considerationorshareswaporany||
||otherformanddetailsofthesame||
|h)|costofacquisitionand/orthepriceat| 8800Sharesacquired@ Rs.10Eachi.e.Rs.||
||whichthesharesareacquired|88000|
|i)|percentageofshareholding/ control| IKIOSolutionsPrivateLimitedhas||
||acquiredand/ ornumberofshares| acquired88%equitysharcholdingin||
||acquired|GravusTechPrivateLimitedfromthe|
|||existingsharcholder,Mr.GurjeetSingh,at|
|||apriceof%10per equityshare.|
|J)|briefbackgroundabouttheentity| SincetheCompanyhasbeenrecently||
||acquiredintermsofproducts/lineof|incorporatedonSeptember02,2025,with|
||businessacquired,dateof|theprimaryobjectiveofengaginginthe|
||incorporation,historyoflast3 years|marketingofalltypesofelectronicgoods,|
||turnover,countryinwhichtheacquired|parts,gadgets,instrumentsandappliances|
||entityhaspresenceandanyother|includingLEDlights,LEDfixtures,LED|
||significantinformation(inbrief)|driversandotherelectroniccomponents.|
|||Asthecompanyisnewlyincorporated,|
|||thereforedoesnothaveanyturnover.|