Zelio E Mobility Limited announces preferential issue of shares and warrants, related party transactions
Zelio E-Mobility · Automobiles
What the filing says
- Proposed preferential issue of up to 9.73 lakh Equity Shares to 4 non-promoter investors for ₹83.00 crore at ₹853 each, and 9.96 lakh convertible Warrants to 3 promoter investors for ₹85.00 crore at ₹853 each.
- Warrants convertible within 18 months at 75% balance payment; amount forfeited if not converted; intimation to stock exchange on conversion/lapse.
- Related party transactions with firms linked to directors for purchase/sale of goods, each capped at ₹50 crore; Brickwork Ratings appointed as monitoring agency.
Original filing
Board Meeting Outcome for Revised Board Meeting Outcome For The Board Meeting Held On Wednesday, September 23, 2026 Pursuant To Regulation 30 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015.
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More from Zelio E-Mobility
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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.
