Zelio E Mobility Approves Preferential Issue of Shares & Warrants

Zelio E Mobility Ltd announced a revised outcome of its Board Meeting held on September 23, 2026. The board approved a preferential issue of up to 9,73,000 equity shares at ₹853 per share, aggregating up to ₹82.99 crore, to non-promoter category allottees. Additionally, the company approved a preferential issue of up to 9,96,000 warrants, convertible into equity shares, at ₹853 per warrant, aggregating up to ₹84.95 crore, to promoter category allottees. The board also approved an alteration in the Articles of Association to enable the issuance of share warrants or convertible securities. The issue price is not lower than the floor price determined as per SEBI ICDR Regulations.