Azad india mobility Limited has officially communicated to BSE Limited that it does not fall under the Large Corporate category for the financial year ended March 31, 2026. The disclosure was made through a formal letter dated April 8, 2026, addressing regulatory compliance requirements under SEBI guidelines.

Regulatory Framework and Compliance

The notification references multiple regulatory circulars that govern fund raising activities by Large Corporate entities:

These circulars establish the framework for fund raising through issuance of debt securities by Large Corporate entities and mandate specific disclosure requirements for compliance.

Company Status Declaration

Azad India Mobility Limited's formal declaration confirms that the company does not meet the criteria to be classified as a Large Corporate entity under the established regulatory framework. This classification impacts the company's obligations regarding:

• Fund raising through debt securities issuance
• Mandatory compliance disclosures
• Regulatory reporting requirements specific to Large Corporate entities

Official Communication Details

The disclosure was submitted to the Department of Corporate Services at BSE Limited's Mumbai office. Company Secretary and Compliance Officer Vedant Bhatt digitally signed the communication on April 8, 2026, at 15:14:51 +05'30', ensuring proper authentication and timestamp verification.

Implications for Stakeholders

This classification means Azad India Mobility Limited is exempt from the enhanced regulatory requirements that apply specifically to Large Corporate entities under the SEBI and BSE framework. The company will continue to operate under the standard regulatory compliance structure applicable to entities outside the Large Corporate category for the current financial year.

Azad India Mobility Limited has announced its unaudited standalone and consolidated financial results for the quarter ended December 31, 2025, demonstrating a strong operational turnaround. The Board of Directors approved these results in their meeting held on February 06, 2026, and subsequently completed mandatory newspaper publication requirements.

Financial Performance Highlights

The company's financial performance showed remarkable improvement across key metrics during the third quarter of FY26:

Nine-Month Performance

For the nine-month period ended December 31, 2025, the company maintained its strong performance trajectory:

Regulatory Compliance and Publication

Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published its unaudited standalone and consolidated financial results in newspapers on February 08, 2026. The results were published in Active Times (English Version) and Mumbai Lakshadeep (Marathi Version), ensuring compliance with regulatory disclosure requirements.

Operational Expenses and Business Focus

The company's expense structure for Q3FY26 reflected its operational scale-up. Cost of materials consumed stood at Rs. 1,742.23 lakhs, while changes in inventories accounted for Rs. 870.18 lakhs. Employee benefits expense was Rs. 42.30 lakhs compared to Rs. 9.64 lakhs in the corresponding quarter of the previous year. According to the financial statements, Azad India Mobility Limited is engaged in the business of manufacturing EV luxury buses and related activities.

Capital Structure and Consolidated Results

The company's paid-up equity share capital stood at Rs. 5,444.32 lakhs with a face value of Rs. 10 per share as of December 31, 2025. The consolidated financial results, which include the performance of subsidiary NAE Mobility Private Limited, showed similar positive trends with consolidated net profit for Q3FY26 at Rs. 65.81 lakhs compared to a loss of Rs. 23.31 lakhs in the corresponding quarter of the previous year.