We hereby inform that the Company has received a disclosure under Regulation 29(1) of SEBI (SAST) Regulations 2011, from Param Capital through its partner Mr. Mukul Mahavir Agrawal regarding ....
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Param Capital, through its partner Mr. Mukul Mahavir Agrawal, has disclosed an acquisition of 14,24,000 equity shares (6.73% stake) in Zelio E Mobility Ltd. Prior to this acquisition, Param Capital held 0.00% in the company, and after the transaction its holding stands at 6.73% of the total share/voting capital. The shares were acquired through a combination of IPO Allotment and Open Market Purchase, with the date of acquisition recorded as October 10, 2025. The acquirer has confirmed that it does not belong to the Promoter or Promoter Group of Zelio E Mobility. The total equity share capital of Zelio E Mobility is 2,11,50,000 shares of Rs. 10 each, aggregating to Rs. 21.15 crore.
This is a fresh institutional/investor entry at a significant 6.73% level, nearing the 10% regulatory threshold. Any further buying by Param Capital beyond 10% would trigger an open offer obligation under SEBI Takeover Regulations, which is a key thing for retail shareholders to watch.