Announced Mon, 13 Apr · 13:18 IST

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that Techknowgreen Solutions Limited has decided to ....

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AI summary

Techknowgreen Solutions Ltd has announced the launch of SusT (Sustainable Token), a blockchain-based utility token designed to recognize verified environmental actions. The token system has three tiers: Copper (base unit for compliance), Silver (for continuous infrastructure commitment), and Gold (for sustained behavioral change outcomes). Total supply is fixed at 2.02 trillion Copper tokens. At launch, tokens are issued for service-based activities (0.1% of payment amount in Copper tokens) and for the Yuka Yantra Air Purifier (1 Cu SusT per 10,000 m³ of air purified). The company has published a comprehensive whitepaper and emphasizes that tokens are utility tokens and non-financial at launch, deliberately avoiding classification as financial services, securities, or virtual asset exchanges.

Likely market impact

This is an innovative strategic announcement introducing a new tokenized recognition system for environmental actions. The announcement does not directly impact near-term revenues or orders but signals the company's expansion into Web3/blockchain-based sustainability solutions. Shareholders should note this as a diversification into digital infrastructure for environmental MRV (Measurement, Reporting, Verification) aligned with Mission LiFE and national sustainability policies.