Zelio E Mobility Ltd

Zelio E Mobility Ltd announced the re-appointment of M/s Jagsir Singh & Associates as its secretarial auditor for a term of five consecutive financial years, from 2026-27 to 2030-31. This decision was approved by the Board of Directors on September 7, 2026, based on recommendations from the Audit Committee and Nomination & Remuneration Committee, and is subject to shareholder approval at the upcoming Annual General Meeting (AGM). The company also approved the Board Report, Management Discussion & Analysis Report, and Secretarial Audit Report for FY 2025-26. Additionally, the board approved the re-appointment of Managing Director Mr. Kunal Arya, increased borrowing powers up to INR 1000 crores, and revised remuneration for Mr. Niraj Arya and Mr. Deepak Arya, all subject to shareholder consent.

Zelio E Mobility Ltd has issued a letter to shareholders, providing a web link to access the Annual Report for the Financial Year 2025-26 and the notice for its 5th Annual General Meeting (AGM). This communication is directed towards shareholders whose email addresses are not registered. The AGM is scheduled for September 30, 2026, and will be conducted via Video Conference. E-voting will be open from September 27 to September 29, 2026. The company has also made this information available on its website.

Zelio E Mobility Ltd has announced its 5th Annual General Meeting (AGM) scheduled for September 30, 2026, to be held via Video Conferencing. The company will present the Audited Financial Statements for the Financial Year 2025-26, along with the Board and Auditor Reports. Key agenda items include the re-appointment of Mr. Kunal Arya as Director and the re-appointment of M/s Jagsir Singh & Associates as Secretarial Auditors for a term of up to five years. The Annual Report and AGM Notice are available on the company's website and will be sent electronically to members. E-voting facilities will be provided through CDSL.

Zelio E Mobility Ltd has announced its 5th Annual General Meeting (AGM) will be held on Wednesday, September 30, 2026, at 4:00 PM IST via Video Conferencing. The company will present its Audited Financial Statements for FY 2025-26. Key agenda items include the re-appointment of Mr. Kunal Arya as Director and the re-appointment of M/s Jagsir Singh & Associates as Secretarial Auditors for a term of up to five consecutive years. The Annual Report and AGM Notice are being sent electronically to members. E-voting will be available from September 27 to September 29, 2026.

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.

Zelio E Mobility Ltd announced that its senior management team will participate in the Emkay Confluence 2026 event, themed 'India: Full Throttle Ahead'. The event is scheduled for August 12th, 13th, and 14th, 2026, starting from 2:00 PM onwards. The participation will be in a physical mode at the Grand Hyatt, Kalina, Mumbai. This conference, organized by Emkay Global Financial Services Limited, aims to provide a platform for investor interaction. The company has stated that no Unpublished Price Sensitive Information will be shared during the meeting.

Zelio E Mobility Ltd has received a Demand cum Show Cause Notice from the Principal Commissioner of Customs, Delhi, dated July 29, 2026. The notice, received on July 30, 2026, proposes a differential customs duty demand of approximately ₹6.72 crore (excluding interest and penalty). This pertains to the classification of goods imported during FY 2022-23 and FY 2023-24. The company believes its imports were based on a bona fide understanding of customs classification and is seeking legal advice. A detailed response will be submitted within 30 days. Management does not anticipate immediate operational impact, with financial implications to be determined later.

Zelio E Mobility Ltd has received a Demand cum Show Cause Notice from the Principal Commissioner of Customs, ICD PPG & Other ICDs, Delhi. The notice, dated July 29, 2026, alleges misclassification of imported goods and proposes recovery of differential customs duty, applicable interest, and penalties. The company inadvertently missed the email due to it being routed to the spam folder, discovering it on August 3, 2026, and is now making a disclosure. The company is examining the notice, formulating a response, and taking measures to protect its interests. The financial impact is currently undetermined.

Zelio E Mobility Ltd has submitted its third Monitoring Agency Report for the quarter ended June 30, 2026, prepared by Brickwork Ratings India Private Limited. This report details the utilization of proceeds from the company's Initial Public Offer (IPO), which raised ₹78.34 Crore through a Fresh Issue and Offer for Sale. The report confirms no deviation from the stated objects of the IPO. Brickwork Ratings has declared that the report provides a true and fair view based on information provided by the issuer and reliable sources, and that there is no conflict of interest.

Zelio E Mobility Ltd has inaugurated a new manufacturing plant in Coimbatore, Tamil Nadu, on July 13, 2026. This expansion is set to increase the company's production capacity by 60,000 units per annum, bringing the total to 240,000 units. The new 39,000 sq. ft. facility, with an investment of up to ₹1 crore funded by internal accruals, aims to enhance production, improve regional supply efficiency, optimize logistics, and strengthen Zelio's presence in South India. The plant will initially focus on electric two-wheelers and is expected to contribute significantly to revenue and market share in the region.