Kody Technolab Limited — Updates, 03-02-2025: Press Release

Kody Technolab Limited has formed a joint venture, Falcon Tech Robotics LLC, with the UAE-based Platinum Group for Businessmen Services L.L.C. This partnership positions Kody Technolab as the first Indian listed company to collaborate with the Platinum Group, focusing on manufacturing “Made in UAE” robotic solutions for diverse industries in the Middle East. With the Platinum Group holding a 60% stake and Kody Technolab a 40% stake, this joint venture aligns with Kody's ambition to expand its global presence in robotics.

Falcon Tech Robotics will emphasize advanced robotics applications, including defense and surveillance, experiential marketing, hospitality services, and automated cleaning solutions. This strategic venture enhances Kody Technolab's market position while reinforcing economic ties between India and the UAE, showcasing the growing potential of the India-UAE trade corridor. The collaboration stands to significantly elevate Kody Technolab's presence in international robotics while contributing to innovation and job creation in both nations. Investors should monitor this development for potential growth opportunities in the coming years.