Date: 10.08.2026
KMP / Board / Auditor Changes
Not Specified
Dividend Declaration or Non-Declaration
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Board Meeting Outcomes
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Financial Results
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Auditor’s Report
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Disinvestment / Strategic Actions
Royalux FZCO, UAE (step-down subsidiary of IKIO Technologies Limited) has entered into a Memorandum of Understanding with Frontline Solutions, Riyadh, Saudi Arabia.
The MoU establishes a long-term strategic partnership for delivering innovative, reliable, and premium lighting solutions across the Kingdom of Saudi Arabia.
Frontline Solutions is described as a provider of end-to-end ICT, AV, ELV, and digital business solutions across the Middle East region.
Other Operational / Legal / Strategic Disclosures
Agreement Details:
- The MoU is valid for one (1) year from signature and renews by mutual agreement
- Either party may terminate with 90 days' written notice without affecting ongoing projects or confidentiality obligations
- No fixed monetary consideration, minimum order value, or committed business value stipulated
- Financial value of the MoU cannot be determined at this stage
Collaboration Scope:
- Business development and client engagement
- Consultant coordination
- BOQ review
- Lighting design and engineering
- Technical submittals
- Value engineering
- Manufacturing and supply
- Installation support
- Commissioning
- Warranty services
- Training
- Joint marketing
Regulatory Compliance:
- No shareholding in the entity with whom the agreement is executed
- Parties are not related to promoter/promoter group/group companies
- Transaction does not fall within related party transactions
- Disclosure made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Reference to SEBI Master Circular dated January 30, 2026