Azad India Mobility Ltd Declares Un-Audited Results, Approves Share Split

Azad India Mobility Ltd announced its un-audited financial results for the quarter ended June 30, 2026. The Board of Directors also approved a sub-division of existing equity shares from one share of Rs. 10 face value into five shares of Rs. 2 face value each. This necessitates an alteration to the Capital Clause of the Memorandum of Association, increasing the authorized share capital to Rs. 83 Crores divided into 41.5 Crores equity shares of Rs. 2 each. The company operates in the manufacturing of EV Luxury buses and related activities, with a single reportable segment.