Zelio E-Mobility approves preferential issue of equity shares and convertible warrants
Zelio E-Mobility · Automobiles
What the filing says
- Approved preferential issue of up to 9.73 lakh equity shares at ₹853 each to 4 non-promoter investors totaling ₹83.00 crore; investors include Motilal Oswal Financial Services and others
- Approved preferential issue of up to 9.96 lakh warrants at ₹853 each to 3 promoters totaling ₹84.96 crore; warrants convertible within 18 months or lapse with forfeiture
- Appointed Brickwork Ratings India Pvt Ltd as monitoring agency; EGM scheduled for October 20, 2026 for member approvals
Original filing
Board Meeting Outcome for Outcome Of The Board Meeting Held On Today I.E. Wednesday, September 23, 2026 Pursuant To Regulation 30 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015.
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.