Zelio E Mobility Board Approves Increased Borrowing Powers to ₹1000 Cr

Zelio E-Mobility Limited's Board of Directors, in a meeting held on September 7, 2026, approved several key corporate actions. These include the re-appointment of M/s Jagsir Singh & Associates as Secretarial Auditor for five years and the re-appointment of Managing Director Mr. Kunal Arya, both subject to shareholder approval. The board also significantly increased the company's borrowing powers, powers to dispose of undertakings, and limits for loans, guarantees, and investments to ₹1000 crore each, pending shareholder consent. Additionally, revisions to the remuneration of Chairman and Whole Time Director Mr. Niraj Arya, Whole Time Director Mr. Deepak Arya, and Managing Director Mr. Kunal Arya were approved. The company also fixed September 23, 2026, as the cut-off date for e-voting eligibility for the upcoming AGM on September 30, 2026.