BSEZelio E Mobility Limited· AutomobilesHighPositive
Announced Wed, 28 Oct, 2026 · 17:45 IST

Zelio starts production at new Patan plant, adding 72,000 units annually

Greenfield CommissionedCapex & Operations View source PDFExplain this filing

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AI summary

Zelio E-Mobility began commercial production on October 28, 2026 at a new Patan, Hisar plant making two- and three-wheelers. It adds 48,000 two-wheeler and 24,000 three-wheeler units of annual capacity. The project cost exceeds ₹20 crore, partly funded from IPO proceeds, with other funding from internal earnings. Capacity use at March 31, 2026 was about 40%. The plant aims to improve regional supply, logistics and in-house component production.

Likely market impact

The added capacity can support higher sales and lower logistics costs, but shareholder benefits will depend on how quickly the new plant reaches good utilisation.