IKIO Technologies Limited has informed the Exchange about the Commencement of Hearables & Wearables Business Vertical
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IKIO Technologies Limited has announced the commencement of its Hearables and Wearables (HWA) business vertical directly under the parent company, effective April 2026. The business was previously operated through its wholly-owned subsidiary Royalux Lighting Private Limited, which will now discontinue this vertical. Royalux will continue to sell existing inventory, recover outstanding receivables, and discharge liabilities. The company plans to invest approximately INR 20 crores in this new vertical, covering products like TWS earbuds and smart wearables. This restructuring aims to streamline operations, improve resource utilization, and strengthen the company's presence in the consumer electronics market.
This move consolidates the HWA business under the parent company, potentially improving operational efficiency and focus. The INR 20 crore investment signals commitment to diversifying into consumer electronics, though execution risk exists as the company scales this vertical.