ALPHA TRIBE

IKIO Technologies LimitedOthers, 08-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

08-02-2025 | 05:39 pm

IKIO Lighting Limited has announced a board meeting to discuss the financial results for the quarter and half-year. The company confirms that there was no deviation in the utilization of funds raised from its Initial Public Offer (IPO) during the quarter ended December 31, 2024. The total amount raised was ₹6,065 million, with a breakdown of ₹3,500 million from a fresh issue and ₹2,565 million from an offer for sale. Investors may view this as a positive outlook, reaffirming the company's commitment to its stated objectives and maintaining investor confidence.

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