Zelio E-Mobility secures board approval for borrowing and disposal powers up to Rs 1000 crore Back
<p>Zelio E-Mobility Limited informed the BSE that its board approved increasing borrowing powers up to Rs 1000 crore and the power to sell or dispose of undertakings up to Rs 1000 crore, both subject to shareholder approval. The board also approved the re-appointment of M/s Jagsir Singh & Associates as Secretarial Auditor for five years and the re-appointment of Mr. Kunal Arya as Managing Director, along with revisions to the remuneration of Mr. Niraj Arya, Mr. Deepak Arya, and Mr. Kunal Arya, all pending shareholder approval. Zelio E-Mobility further announced a cut-off date of September 23, 2026, for determining eligibility to vote at the 5th Annual General Meeting, scheduled for September 30, 2026, via video conferencing or other audio-visual means.</p>