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India

Zelio E-Mobility, India to raise INR 1.68 billion for three-wheeler plant expansion

On September 25, 2026, Zelio E-Mobility announced plans to raise INR 1.68 billion through a preferential issue of equity shares and convertible warrants. The company will issue up to 973 thousand equity shares to raise about INR 830 million from Motilal Oswal Financial Services, Calliope Capital Advisors, Param Value....

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