IKIO Technologies Limited has submitted its quarterly monitoring agency report for the quarter ended December 31, 2025, in compliance with SEBI regulations. The report provides a comprehensive overview of the utilization of proceeds from the company's Initial Public Offer (IPO) conducted in June 2023.

IPO Proceeds Utilization Status

The monitoring agency report, prepared by CRISIL Ratings Limited, reveals that IKIO Technologies utilized Rs 163.69 million during the third quarter of FY26. The company's cumulative utilization stands at Rs 2,721.77 million from the total revised net proceeds of Rs 3,261.41 million, leaving Rs 539.64 million unutilized.

Object-wise Fund Deployment

The IPO proceeds were allocated across three primary objectives. The repayment of borrowings worth Rs 500.00 million has been fully completed during the quarter ended June 30, 2023. For investment in wholly owned subsidiary IKIO Solutions Private Limited, the company has utilized Rs 1,583.99 million out of the allocated Rs 2,123.12 million, leaving Rs 539.13 million pending. General corporate purposes have seen utilization of Rs 637.78 million against the allocated Rs 638.29 million.

Investment of Unutilized Funds

The company has deployed the unutilized proceeds in fixed deposits with HDFC Bank, earning returns ranging from 6.15% to 7.55%. The total amount invested in various fixed deposits is Rs 537.63 million, which has generated earnings of Rs 25.29 million as of December 31, 2025. The market value of these investments stands at Rs 563.42 million.

Regulatory Compliance and Approvals

The monitoring agency confirmed that all government and statutory approvals related to the objects have been obtained. These include approvals from Noida Authority for building layout, consent to establish, electrical load sanction from UP Electricity Board, and factory license from the Industrial Department. The company has also obtained necessary approvals for its leased premises at Plot No-6, Sector-156, Gautam Buddha Nagar, where commercial production commenced on March 20, 2024.

Implementation Timeline

The report indicates a delay in the complete utilization of funds allocated for the subsidiary investment, which was originally scheduled for completion by Fiscal 2025. The company has confirmed that the remaining net proceeds will be utilized in subsequent periods in accordance with applicable laws on or before March 31, 2027. The delay is attributed to procurement challenges, operationalization of assets, and obtaining necessary approvals and licenses.

Monitoring Framework

CRISIL Ratings Limited continues to serve as the monitoring agency, appointed to oversee the utilization of IPO proceeds as per the Monitoring Agency Agreement dated April 18, 2023. The report confirms no deviations from the disclosed objects and no material changes in the means of finance for the stated objectives.

IKIO Technologies Limited has announced its quarterly earnings call to discuss Q3 and 9MFY26 financial results. The company, formerly known as IKIO Lighting Limited, made this disclosure on January 24, 2026, in compliance with SEBI regulations.

Earnings Call Details

The earnings call has been scheduled with specific timing and participation details for investors and stakeholders.

Management Participation

The earnings call will be conducted by key members of the company's leadership team who will present and discuss the financial performance.

Key Management Representatives

• Mr. Hardeep Singh - Chairman and Managing Director
• Mr. Sanjeet Singh - Whole Time Director, CEO & CFO

Investor Access and Contact Information

The company has provided comprehensive access options for both domestic and international participants. Multiple international toll-free numbers are available for global investors.

International Dial-in Options

Regulatory Compliance

This announcement was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure has been communicated to both BSE Limited and The National Stock Exchange of India Limited.

Contact Details for Queries

• Company Secretary: Mr. Sandeep Agarwal ( secretarial@ikiotech.com , 0120-7185862)
• Investor Relations: Mr. Suyash Samant and Mr. Hrithik Hattiangadi (Stellar IR Advisors Pvt. Ltd.)

The company has also hosted this information on its official website at ikiotech.com for easy access by stakeholders and the investment community.