Taaza International Ltd to Allot Equity Shares to Keto Motors Private Limited Shareholders

Taaza International Ltd, now known as Keto Motors Limited, has announced that its Board of Directors will meet on 13th March 2026 to consider and approve the allotment of equity shares to the shareholders of Keto Motors Private Limited. This decision is pursuant to the Scheme of Arrangement between M/s. Keto Motors Private Limited and M/s. Keto Motors Limited (formerly known as Taaza International Limited) and as per the Resolution Plan approved by the Hon’ble NCLT, Hyderabad Bench. The allotment will be in the ratio of 3:2, i.e., 3 Equity shares of face value of Rs.10/- each of Keto Motors Limited will be allotted for every 2 Equity shares of face value Rs. 10/- each held by members in the Keto Motors Private Limited as on 13th March 2026 (Record Date).