Ahmedabad, Gujarat:  26 February 2026: A-1 Limited (BSE - 542012) has announced a key milestone in its electric mobility journey, as its associate, A-1 Sureja Industries has launched 'Yellow EV' mobile application on February 20, 2026, to streamline its Electric – Two wheeler operations. Operating under the brand “Yellow EV,” company also has secured two confirmed purchase orders aggregating over 1,400 low-speed electric two-wheelers.

In line with its digital-first strategy, company’s “Yellow EV” mobile application is fully operational and available to stakeholders on the Google Play Store. The platform is designed to streamline onboarding, service coordination and workflow management, enhancing operational efficiency and customer engagement as the ecosystem scales.

Company management said, “This marks a significant step in the company's electric mobility push and follows a “Made in India, Made for India” approach, with a structured partner- and franchise-led expansion model aimed at building a scalable assembly and distribution network, subject to commercial feasibility.. The confirmed orders mark early demand validation for the Company’s EV initiative and reflect encouraging market acceptance in the affordable electric mobility segment. The development strengthens revenue visibility and supports phased execution of the EV business.”

The first purchase order has been received from Zipnova Enterprise LLP, Ahmedabad (Gujarat) for the supply of 525 low-speed electric motorcycles, dated 12 January 2026. The second purchase order has been awarded by Aayushman Engineering, Noida (Uttar Pradesh) for 900 low-speed electric two-wheelers, dated 14 January 2026.

These orders further strengthen the order book of A-i Sureja Industries and underscore the growing market acceptance of its electric vehicle offerings, particularly in the affordable and low-speed EV segment. Execution and delivery of the orders will be carried out as per the timelines and commercial terms mutually agreed with the respective customers. With increasing traction in electric mobility, the Company remains focused on scaling its EV business through timely execution, expansion of distribution reach, and continued product innovation.

Recognising the rapid transition toward green energy and sustainable transport, A-1 Ltd has approved to increase existing partnership interest/shareholding in A-1 Sureja industries from 45 % to 51%, making it a subsidiary entity 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.

For the quarter ended December 2025, company has reported net profit of Rs. 96 lakh and revenue from operations of Rs. 69.80 crore. For Nine months of the FY26, company reported revenue from operations of Rs. 197.6 crore and Net Profit of Rs. 1.62 crore.

Board of Directors of the company has approved issue of 3,45,00,000 equity shares of Rs. 10 each as fully paid up bonus equity shares in the proportion of 3:1; i.e.3 bonus equity share for every 1 existing equity share of Rs. 10 each fully paid up with the record date of December 31, 2025. The authorised share capital of the Company has been increased from Rs. 2,00,00,000 equity shares of Rs. 10 each to Rs. 4,60,00,000 equity shares of Rs. 10 each. Also, the Board of directors approved the split/sub-division of 1 equity shares from face value of Rs. 10 each to Rs. 1 each fully paid-up with the record date of January 08, 2026. The move aimed to enhance liquidity and reward the shareholders.

On 7 November 2025, Mauritius-based, Minerva Ventures Fund has bought 66,500 equity 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.  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.