Keto Motors Limited Announces Merger with Keto Motors Private Limited: 5,60,47,800 New Shares Allotted

Keto Motors Limited, formerly known as Taaza International Limited, announced the outcome of a Board meeting held on 31.03.2026. The meeting resulted in the allotment of 5,60,47,800 equity shares of Rs.10/- each pursuant to a Scheme of Arrangement between M/s. Keto Motors Private Limited (Transferor Company) and M/s. Taaza International Limited (currently known as Keto Motors Limited - Transferee Company). The allotment was made in the ratio of 3:2 for every 2 Equity shares of face value Rs. 10/- each held by members in the Keto Motors Private Limited – Transferor Company. The transaction does not fall under Related Party Transactions and is carried out as per the Scheme of arrangement and resolution plan as approved by Hon’ble NCLT.