Monitoring Agency Report for the quarter ended 30th September, 2026

IKIO TECHNOLOGIES LIMITED ® (Forme orly kno wn a3 IKIO L GI PG LH CT 2I 5N 2G 8L 4I )M ITED) IKI! > Regd. Office: Corp. Office : Works : Inncvations Only 58| @ PlotNo. 102,S: -07,IIE (U.P) sii ul Haridwar-248403 India Date: 06" November, 2026 BSE Limited The National Stock Exchange of India Dalal Street, Limited Phiroze Jegjeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Mumbai 400 001 G Block, Bandra-Kurla Complex, Scrip Code: 543923 Bandra (East), Mumbai 400 051. Symbol: IKIO Sub: Monitoring Agency Report for the quarter ended September 30, 2026 Dear Sir/Madam, Pursuant to Regulation 32(6) of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Regulation 41(4) of Securities Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, we hereby enclosed the Monitoring Agency Report for the quarter ended September 30, 2026 issued by CRISIL Ratings Limited, Monitoring Agency, appointed to monitor the utilisation of proceeds of the Public Issue (IPO) of the Company. The Monitoring Agency Report is also available on the website of the Company www.ikiotech.com. You are requested to take the same on record. Thanking You. For IKIO Technologies Limited Sandeep Kumar Agarwal Company Secretary & Compliance Officer web. www.ikio.in com Tel. No.0120-510 Crisil Ratings Monitoring Agency Report for IKIO Technologies Limited for the quarter ended September 30, 2026 Crisil Ratings Limited Registered Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai- 400 072. India Phone: +91 22 6137 3000 | www.crisilratings.com acompany of S&P Global Crisil Ratings CRL/MAR/IKLIPL/2026-27/2027 November 06, 2026 IKIO Technologies Limited 411, Arunachal Building, 19 Barakhamba Road, Connaught Place, New Delhi - 110 001 Dear Sir, Monitoring Agency Report for the quarter ended September 30, 2026 - in relation to the Initial Public Offer (“IPO”) of IKIO Technologies Limited (“the Company”) Pursuant to Regulation 41(2) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”) and Monitoring Agency Agreement dated April 18, 2023, enclosed herewith the Monitoring Agency Report, issued by Crisil Ratings Limited, Monitoring Agency, as per Schedule XI of the SEBI ICDR Regulations towards utilization of proceeds of IPO for the quarter ended September 30, 2026. Request you to kindly take the same on records. Thanking you, For and on behalf of Crisil Ratings Limited Shounak Chakravarty Director, Ratings (LCG) Crisil Ratings Limited Corporate Identity Number: U67100MH2019PLC326247 Registered Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai- 400 072. India Phone: +9122 6137 3000 | www.crisilratings.com acompany of S&P Global Crisil Ratings Report of the Monitoring Agency (MA) Name of the issuer: IKIO Technologies Limited For quarter ended: September 30, 2026 Name of the Monitoring Agency: Crisil Ratings Limited (a) Deviation from the objects: Not applicable (b) Range of Deviation: Not applicable Declaration: T\e declare that this 1eport provides an objective view of the utilization of the issue proceeds in relation to the objects of the issue based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and reliable. The MA does not perform an audit and undertakes no independent verification of any information/ certifications/ statements it receies. This Report is not intended to create any legally binding obligations on the MA which accepts no responsibility, whatsoeverfo,r loss or danage front the use of the said information. The views and opinions expressed herein do not constitute the opinion of MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned in this report is intended to or should be construed as creating a fiduciary relationship between the MA and any issuer or between the agency and any user of this report. The MA and its affiliates also do not act as an expert as defined under Section 2(38) of the Companies Act, 2013. The MA or its affiliates may have credit rating or other commercial transactions with the entity to which the report pertains and may receive separate compensatiofonr its ratings and certain credit-related analyses. Ve confirm that we do not perceive any conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the issuer. T\ have submitted the report herewith in line with the format prescribed by SEBI, capturing our contments, where applicable. There are certain sections of the report under the title “Comments of the Board of Directors”, that shall be captured by the Issuer’s Managem/e Anudtit Committee of the Board of Directors subsequent to the MA submitting their report to the issuer and before dissemination of the report through stock exchanges. These sections have not been reviewed by the MA, and the MA takes no responsibiliftoyr such comments of the issuer’s Management/Board. signature; fooural W Name and designation of the’Authorized Signatory: Shounak Chakravarty Designation of Authorized person/Signing Authority: Director, Ratings (LCG) Crisil Ratings Limited Corporate Identity Number: U67100MH2019PLC326247 Registered Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai- 400 072. India Phone: +9122 6137 3000 | www.crisilratings.com acompany of S&P Global Crisil Ratings 1) Issuer Details: Name of the issuer: IKIO Technologies Limited (formerly known as IKIO Lighting Limited) Names of the promoter: a. Hardeep Singh b. Surmeet Kaur Industry/sector to which it belongs: Consumer electronics 2) Issue Details Issue Period: Tuesday, June 06, 2023 to Thursday, June 08, 2023 Type of issue (public/rights): Initial Public Offer (IPO) Type of specified securities: Equity Shares IPO Grading, if any: NA Issue size: Rs 6,065.00 million Issue size comprises of fresh issuance/gross proceeds of Rs 3,500.00 million (Revised Net proceeds of Rs 3,261.41 million*) and an offer for sale of Rs 2,565.00 million “Crisil Ratings shall be monitoring this revised net proceeds amount. Net proceeds have been revised from Rs 3,292.67 million to Rs 3,261.41 million. Please refer Note-3 (on page 7) for details. 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source o.f l.Jlf({nnah(m/ Comments of | Comments certifications the of the Particulars Reply considered by e s Monitoring Board of Monitoring Agency for Agen Directors preparation of report genay Proceeds were utilized as per objects disclosed in the Offer Document viz Management Investment in Whether all utilization is as per the disclosures under.takmg, Stfiatuto/\ry who]ly o.wned No in the Offer Document? Yes Auditor Certificate”, Subsidiary, Comments : Final Offer Document, IKIO Bank Statements Solutions Private Limited, for setting up a new facility at Noida, Uttar Pradesh Crisil Ratings Limited Corporate Identity Number: U67100MH2019PLC326247 Registered Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai- 400 072. India Phone: +91 22 137 3000 | www.crisilratings.com acompany of S&P Global Crisil Ratings Source o.f ].'“f(fm‘amm/ Comments of | Comments certifications the of the Particulars Reply considered by e s Monitoring Board of Monitoring Agency for Agen Directors preparation of report gency Whether shareholder approval has been obtained in case of material deviations from NA No Comments No expenditures disclosed in the Offer Comments Document? Whether the means of finance for the disclosed No . . No No Comments objects of the issue has changed? Comments Is there any major deviation observed over the No . P No No Comments earlier monitoring agency reports? Comments Whether all Go\{ernment/ statutory aPprovals Yes Management Refer Note 1 No related to the object(s) have been obtained? undertaki Comments Whether all arrangements pertaining to s & 3 . [Showing first 8,000 characters — download PDF for full document]