A-1 Ltd Post Acquiring Majority Stake in EV company fix 31 Dec as Record Date for 3:1 bonus and 8 January for 10:1 Stock split

Ahmedabad, Gujarat:  29 December 2025: A-1 Ltd (BSE - 542012), a listed chemical trading company with recent acquisition of majority stake in the EV company - A-1 Sureja Industries has finalized record date for the 3:1 Bonus issue and 10:1 Stock split. The move aims to enhance liquidity and reward the shareholders.

The company has finalized 31^st December as the record date for 3:1 bonus issue (Three bonus equity shares of Rs. 10 each for every 1 equity share of Rs. 10 each fully paid up held by the shareholders of the company.

Company has fixed 8^th January 2026 as the record Date to determine eligibility for 10:1 stock split. Company approved sub-division of 1 equity share of face value of Rs. 10 each fully paid-up into 10 equity shares of face value of Rs. 1 each fully paid-up held by the shareholders of the company.

Subsequent approval in the postal ballot through e voting was announced by the company on 22^nd December for bonus issue, stock split as well increase authorized share capital and make investment in EV company – M/S. A-1 Sureja Industries.

Recognising the rapid transition toward green energy and sustainable transport, A-1 Ltd has increased existing partnership interest/shareholding in A-1 Sureja industries from 45 % to 51 % at an enterprise value of Rs. 100 crore. Company is also considering expansion of operations of the company's subsidiary, A-1 Sureja Industries, into manufacturing and distribution of EV and allied clean mobility fields, including R&D, EV component manufacturing, and smart charging infrastructure.

A-1 Sureja Industries is a manufacturer of battery-operated two-wheelers under the brand Hurry-E. This move makes A-1 Ltd one of India’s first listed chemical companies to directly hold equity in a certified EV manufacturing enterprise. A-1 Sureja industries achieved revenues of Rs. 43.46 crore in FY 2023-24 and is now poised for rapid expansion with a projected CAGR of over 250%, transitioning from the R&D stage to commercial rollout.

By 2028, A-1 Limited aim to evolve into a multi-vertical green enterprise, integrating low-emission chemical operations with clean mobility solutions. The Company's transformation positions in a future-ready mid-cap ESG leader with diversified revenue streams, scalable manufacturing capabilities and rising institutional markets.

Company also has recently entered into a tri-partite supply arrangement with leading companies for the supply 10,000 metric tonnes of Concentrated Nitric Acid. The deal is a long term supply arrangement which involves supply of 10,000 metric tonnes of concentrated nitric acid during November 2025 to March 2026 for the industrial use with provision for additional quantities by mutual consent. The tri-party supply arrangement involves fertilizer and chemicals major, Gujarat Narmada Valley fertilizers & Chemicals Limited (GNFC) as manufacturer, while Solar Industries India Limited & Group companies as the buyer & end user. A1 Ltd acted as the dealer for the entire deal.

On 7 November 2025, Mauritius-based, Minerva Ventures Fund has bought 66,500 equity shares of A-1 Ltd at Rs. 1,655.45 per share as per the bulk deal data available on BSE. The fund bought the shares of A1 Ltd from open market, the total value of the transaction was Rs. 11 crore.

A-1 Limited, a five-decade legacy in industrial-acid trading, distribution, and logistics, transformation positions in a future-ready mid-cap ESG leader with diversified revenue streams, scalable manufacturing capabilities and rising institutional markets.

Additionally, company has also received order worth Rs. 127.5 crore for the supply of 25,000 MT of industrial urea – automobile grade from Sai Baba Polymer Technologies at manufacturing locations across India. Delivery of the order will as be per client requirements and order value including GST stands at Rs. 150.45 crore. The order aims to boosts the company’s operating revenue and underscores growing demand for its Industrial Urea (Automobile Grade) business. It enhances order book visibility across key units and supports the company’s strategy to expand its presence in the automotive chemicals value chain while maintaining a diversified and resilient customer base.

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