IKIO Technologies ' step-down subsidiary Royalux FZCO has signed a Vendor Exclusivity Undertaking with Danube Home LLC, targeting a business value of AED 2,000,000 over a one-year term.

The agreement, executed on October 7, 2026, involves Royalux FZCO providing services such as installation, fit-out, landscaping, and decor. This partnership marks a strategic expansion for the company in the UAE home retail and furnishings sector.

Deal overview and terms

The exclusive arrangement establishes Royalux FZCO as a preferred vendor for project-related opportunities introduced by Danube Home LLC. The undertaking is governed by the federal laws of the UAE and the laws applicable in the Emirate of Dubai.

Key provisions include:

• Business Target: The parties intend to work towards achieving a target business value of AED 2,000,000 during the one-year term. This amount represents a target and does not constitute fixed or guaranteed contractual consideration.
• Exclusivity: During the undertaking and for 12 months thereafter, Royalux FZCO shall not solicit or accept project work directly from clients first introduced by Danube Home LLC without prior written approval.
• Scope: Services cover installation, fit-out, landscaping, decor, and allied products or works as mutually agreed.

Regulatory disclosure

IKIO Technologies disclosed this development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that Danube Home LLC is not related to the promoter, promoter group, or group companies. The transaction does not fall within related party transactions, and no shares were issued to the parties involved.

IKIO Technologies confirmed on September 11, 2026, that a representative from Genuity Capital visited its corporate office and facility in Noida. The interaction was conducted in person.

The visit took place at Plot No. 6 & 10, Sector-156, Noida, Gautam Buddha Nagar, Uttar Pradesh. This follows the company’s earlier intimation issued on September 7, 2026, regarding the scheduled event.

Visit Details

The management interacted with the investor based strictly on publicly available information. The company emphasized that no unpublished price-sensitive information (UPSI) was shared or discussed during the meeting.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sandeep Kumar Agarwal, Company Secretary & Compliance Officer, issued the confirmation letter on September 11, 2026.