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India

Motilal Oswal, India buys 1.65% stake in Zelio E-Mobility, electric two-wheeler manufacturer

On March 5, Motilal Oswal Financial Services said it acquired 350 thousand shares of Zelio E‑Mobility, representing a 1.65% stake, via a block deal at INR 280 per share for a total consideration of INR 98 million. Zelio raised INR 783.4 million in its October 2025 IPO.
It manufactures a range of low‑speed and high‑sp....

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