Last Mile Enterprises to Subscribe to 76% of Last Mile Energy's Paid-up Capital for Hydrogen-based Products Venture

Last Mile Enterprises Ltd. held a Board Meeting on 14th February 2026, where they approved various business matters. The company will subscribe to 76% of the paid-up share capital of Last Mile Energy Private Limited, a subsidiary entity, to venture into the business of designing, manufacturing, and commercializing hydrogen-based products for household and commercial use. The board also approved raising loans from Banks and/or Non-Banking Financial Companies for eligible senior employees' housing loans and explored a potential Joint Venture in the USA for manufacturing, distributing, and marketing consumer electronics products.