Monitoring Agency Report

IKIO TECHNOLOGIES LIMITED (Formerly known as IKIO LIGHTING LIMITED) (CIN.:L31401DL201 6PLC292884) u' IKI ! ®’ Regd. Office: Q C Po lor tp . No.O ff 1i 0,c e S : ecto1r5 6 | @ W Plo or tk s n o. : 102Sector-07, IIE, — Innovations only Q 4 C11 9 a1 n, n B aaA urr gau hkn ta h c ah m Pa b ll aa c eB Rui o Nl a ed di w,n g, D elhi-110001 Noida (GB Nagar)-201307 S Ii nd de iau l Haridwar,249403 Date: 13® August, 2026 BSE Limited - The National Stock Exchange of India Limited D Pa hl ia rl o zeS tr Jee et e, j eebhoy Towers, E xc Bh la ocn kg ,e BP al na dza r, -K5t uh lF al oo Cr, mpPl lo et ,N o. C/1, Mumbai 400 001 Bandra (East), Mumbai 400 051. Scrip Code: 543923 Symbol: IKIO Sub: Monitoring Agency Report for the quarter ended June 30,2026 Dear Sir/Madam, AIu e gsr q ess u nuu i ca r yn e ot m e Rt Cn eo at pps oR i) re lu Rl fea ogt rnui dlo tan ht o3 s2 n qc( us l6 a, o) s tu eo 2 rf 0 1 S 5 ee du qr er e di a it di Js w i net eE nh x 30)h R ,e a gn Ru 2g el 0e ga ut 6li B aoo tn ia d(o 4f ) d o fi S I( e wL c Sei u Is r Lt i i t en i rg e ib E nl x gei c sng h ca lat Loni iso g men e ids edB ta d a r MMdD i nns iioc f ttl ooo I rrs n iiu d nnr ie gga 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 Tel. No. 0120-5106867 Email: info@ikiotech.com web. www.ikiotech.in Monitoring Agency Report for IKIO Technologies Limited for the quarter ended June 30, 2026 CRL/MAR/IKLIPL/2026-27/1912 August 11, 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 June 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 June 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) Report of the Monitoring Agency (MA) Name of the issuer: IKIO Technologies Limited For quarter ended: June 30, 2026 Name of the Monitoring Agency: Crisil Ratings Limited (a) Deviation from the objects: Not applicable (b) Range of Deviation: Not applicable Declaration: We declare that this report 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 receives. This Report is not intended to create any legally binding obligations on the MA which accepts no responsibility, whatsoever, for loss or damage from 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 compensation for its ratings and certain credit-related analyses. We 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. We have submitted the report herewith in line with the format prescribed by SEBI, capturing our comments, 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 Management / Audit 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 responsibility for such comments of the issuer’s Management/Board. Signature: Name and designation of the Authorized Signatory: Shounak Chakravarty Designation of Authorized person/Signing Authority: Director, Ratings (LCG) 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 of information/ Comments of Comments certifications the of the Particulars Reply considered by Monitoring Board of Monitoring Agency for Agency Directors preparation of report Proceeds were utilized as per objects disclosed in the Offer Management Document viz undertaking, Statutory Investment in Whether all utilization is as per the disclosures No Yes Auditor Certificate^, wholly owned in the Offer Document? Comments Final Offer Document, Subsidiary, Bank Statements IKIO Solutions Private Limited, for setting up a new facility at Source of information/ Comments of Comments certifications the of the Particulars Reply considered by Monitoring Board of Monitoring Agency for Agency Directors preparation of report Noida, Uttar Pradesh Whether shareholder approval has been obtained in case of material deviations from No NA No Comments 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 No No Comments earlier monitoring agency reports? Comments Whether all Government/statutory approvals No Yes Management Refer Note 1 related to the object(s) have been obtained? Comments undertaking, Whether all arrangements pertaining to Statutory Auditor No technical assistance/collaboration are in NA No Comments Certificate^ Comments operation? Are there any favorable events improving the No No No Comments viability of these object(s)? Comments Are there any unfavorable events affecting the No No No Comments viability of the object(s)? Comments Is there any other relevant information that may materially affect the decision making of No No Comments Comments the investors? NA represents Not Applicable Note 1: As per the offer document filed by the Company, the Company is required to obtain below mentioned approvals from government/statutory bodies, in relation to proposed objects and the status of these approvals as at the end of the reported quarter is as follows: Stage at which Approval for Authority approvals are Status required In-principle app [Showing first 8,000 characters — download PDF for full document]