Kody Technolab Limited — Important, 18-04-2025: General Updates

Kody Technolab Limited’s wholly owned subsidiary, Kody Media Private Limited, has entered into a Memorandum of Understanding (MOU) with SK Robotics LLP. This partnership focuses on the exclusive sale and ad revenue sharing, training, and deployment of "DASHER," a proprietary serving robot designed for the Indian hospitality market. SK Robotics will have exclusive operational rights in the Hotels & Restaurants segment for 12 months, starting April 1, 2025, with Kody Media committed to directing relevant opportunities in the hospitality sector to SK Robotics during this period. The partnership is performance-based, allowing for renewal depending on SK Robotics' success. This strategic tie-up positions Kody Technolab to tap into the growing demand for automation in the hospitality industry. Investors should monitor developments in this collaboration as it could enhance revenue streams and expand market presence.