A-1 Ltd to Increase Partnership in A-1 Sureja Industries from 45% to 51%

A-1 Ltd has decided to increase its existing partnership interest in A-1 Sureja Industries, a firm engaged in the manufacturing of battery-operated electric two-wheelers (EVs), from 45% to 51%. This decision aligns with A-1 Ltd’s strategic objective of diversifying into the Electric Mobility and Green Energy segments. The acquisition will enable the Company to exercise management control and operational oversight over the EV business, ensuring better strategic alignment, corporate governance, and integration of sustainability initiatives. The transaction does not result in any change in the shareholding pattern or control of A-1 Ltd and will be funded through internal accruals. The revenue contribution of A-1 Sureja Industries will be consolidated with the Company’s financial statements from the effective date of control.