Keto Motors Limited unveiled the Urbanova KE9, a new commercial electric bus, on August 2, 2026, signaling its strategic entry into India’s competitive electric public transport sector. The launch targets both domestic and international markets, aiming to address the growing demand for efficient, zero-emission mobility solutions for urban and inter-city transportation. By introducing this vehicle, Keto Motors seeks to strengthen its product portfolio and expand its presence in the electric commercial vehicle segment, leveraging its founding team’s legacy in pioneering India’s early electric bus industry.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III Part A. Keto Motors, formerly known as Taaza International Limited, filed the details with BSE Limited on August 1, 2026. The company stated that the launch marks a significant milestone in its commitment to sustainable and intelligent mobility solutions. Following the event, the company may conduct a press conference to provide further information regarding future operations and business initiatives.

Product Specifications and Technology

The Urbanova KE9 is a 9-meter electric bus engineered for urban and institutional transportation. It measures 8,985 mm in length, 2,532 mm in width, and 3,189 mm in height, offering seating for up to 31 passengers. The bus features a floor height of 900 mm to facilitate convenient passenger boarding. Key technical specifications include a certified operating range of over 150 km under fully loaded conditions and a top speed of up to 80 km/h.

The vehicle incorporates advanced battery technology, including patented liquid-cooled battery systems and Battery Management Systems (BMS) provided through a strategic partnership with TRON Energy Technology, a Taiwanese electric bus manufacturer. Safety features include electro-hydraulic power steering, Anti-lock Braking System (ABS), regenerative braking, and disc brakes. The Urbanova KE9 has secured CMVR Type Approval Certification from the Global Automotive Research Centre (GARC), validating compliance with statutory safety and performance standards.

Digital Ecosystem and Manufacturing Expansion

Complementing the hardware, Keto Motors has developed KETO Connected, an integrated digital operations platform designed for commercial fleet operators. Developed in collaboration with ROQIT, the platform offers real-time vehicle health monitoring, battery analytics, remote diagnostics, and predictive maintenance capabilities. This digital ecosystem aims to maximize fleet uptime and reduce operating costs by providing operational visibility throughout the vehicle lifecycle.

Supporting its growth strategy, Keto Motors signed a Memorandum of Understanding (MoU) with the Government of Telangana in December 2025. The agreement commits an investment of approximately ₹300 crore to expand its existing 20-acre facility at Jadcherla and establish a greenfield facility at the Telangana EV Mobility Valley. This investment will support the manufacturing of 9-metre electric buses and create more than 2,000 direct jobs over the next three years, positioning Telangana as the company’s primary manufacturing hub.

What the Numbers Show

The launch of the Urbanova KE9 coincides with significant capital expenditure commitments, indicating a shift from product development to scaled manufacturing. The ₹300 crore investment in Telangana, coupled with the creation of 2,000 jobs, suggests Keto Motors is preparing for volume production rather than limited pilot deployments. The integration of TRON Energy Technology’s battery systems highlights a reliance on established international supply chains for critical components, potentially mitigating early-stage R&D risks while leveraging local engineering for chassis and assembly customization.

Keto Motors Limited (formerly Taaza International Limited) has appointed Aarthi Consultant Private Limited as its new Registrar and Share Transfer Agent (RTA), replacing Niche Technologies Private Limited. The Board of Directors approved the change on July 24, 2026, citing improved operational efficiency and better administrative interaction as key drivers for the transition. This move aims to streamline share transfer processes for investors while ensuring continuity through a structured data migration period. The appointment is subject to the execution of definitive agreements, with the effective date to be intimated to stock exchanges after procedural formalities are completed.

The Board meeting, held at the company’s registered office in Secunderabad, Telangana, also addressed significant governance updates. Directors approved the adoption of a new set of Memorandum of Association (MOA) and Articles of Association (AOA). These documents require subsequent approval from members to ensure full compliance with the Companies Act, 2013, replacing provisions based on the erstwhile Companies Act, 1956. The filing was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Key Changes in Corporate Governance

The adoption of new MOA and AOA is procedural, aimed at aligning the company’s constitutional documents with current statutory requirements. The filing states there is no change in the main objects of the company. Key modifications include re-aligning object and liability clauses with Table A of Schedule I of the new Act and restructuring the AOA based on "Table-F" for companies limited by shares.

RTA Transition Details

Aarthi Consultant Private Limited, a Hyderabad-based SEBI-registered RTA (Regn No. INR000000379), will assume responsibilities once definitive agreements are executed. Niche Technologies Private Limited will continue to serve as the RTA until the completion of data transition, shifting of electronic connectivity, and receipt of confirmations from NSDL and CDSL. The exact effective date will be intimated to stock exchanges after these procedures are finalized.

What the Numbers Show

This appointment reflects a strategic move towards localized administrative support, given that Aarthi Consultant is based in Hyderabad, closer to Keto Motors’ registered office in Secunderabad compared to the previous Kolkata-based provider. The simultaneous update of MOA and AOA indicates a broader effort to modernize corporate governance structures, ensuring no regulatory friction arises from outdated statutory references. Shareholders should monitor future communications for the specific date when the new RTA becomes operational.