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Zelio E-Mobility Approves ₹167.96 Crore Preferential Issue For Shares And Warrants


23 September 2026
Zelio E-Mobility Ltd.

Board approved preferential issue of 9.73 lakh shares at Rs 853 (~83 Cr) to 4 non-promoters incl Motilal Oswal and 9.96 lakh warrants at Rs 853 (~85 Cr) to 3 promoters. Issues subject to EGM on 20 Oct 2026 and BSE approval; 25% payable on warrant allotment, balance on conversion within 18 months; Brickwork to monitor use of ~168 Cr. Also seeks nod for five director-linked related-party goods deals up to Rs 50 Cr each; use of proceeds, dilution and pricing basis not disclosed.


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