Zelio E-Mobility has informed the Bombay Stock Exchange that its senior management team will participate in Emkay Confluence 2026, an investor awareness campaign organized by Emkay Global Financial Services Limited. The event, titled 'India: Full Throttle Ahead,' is scheduled to take place physically from August 12 to August 14, 2026, at the Grand Hyatt in Kalina, Mumbai. This engagement aims to provide a platform for direct interaction between the company's leadership and its investors.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Kunal Arya, Managing Director of Zelio E-Mobility Limited, signed the intimation submitted to the exchange on August 08, 2026. The company emphasized that the schedule for the meetings is subject to change due to exigencies on the part of the company or the organizer.

Event Details

The participation involves a physical presence by the senior management team over three days. The specific details of the investor event are outlined below:

Emkay Global Financial Services Limited is organizing the confluence to facilitate dialogue with market participants. The sessions are designed to address investor queries and provide updates on the company’s strategic direction without disclosing any unpublished price-sensitive information (UPSI).

Compliance and Disclosure

The company explicitly stated that no UPSI will be shared during the meeting, ensuring compliance with regulatory norms regarding fair disclosure. The intimation serves as a formal record for the stock exchange and investors regarding the upcoming engagement. Investors interested in attending are advised to monitor any further communications from the organizer or the company regarding potential changes to the schedule.

Zelio E-Mobility Limited faces a potential liability of approximately ₹6.72 crore after receiving a Demand cum Show Cause Notice from the Principal Commissioner of Customs, ICD PPG & Other ICDs, Delhi. The notice, issued on July 29, 2026, alleges that the company misclassified certain imported goods, specifically e-scooters imported in Completely Knocked Down (CKD) condition during FY22 and FY23. The authority questions the company’s availment of Integrated Goods and Services Tax (IGST) concessions based on this classification error. This development introduces immediate regulatory scrutiny and potential financial outflows for the electric vehicle manufacturer as it navigates compliance with customs regulations.

The disclosure was made to the Bombay Stock Exchange on August 03, 2026, pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Zelio E-Mobility stated that the notice was emailed on July 30, 2026, but was inadvertently routed to the company’s spam folder, delaying its review until August 03, 2026. The company subsequently issued a revised intimation to explicitly include the specific quantum of the proposed differential customs duty, which was omitted in the initial filing.

The notice, numbered 29/PC/2026-27 (File No. GEN/ADT/PCA/111/2026-ICD-BBG-CUS-COMMRTE-PPG-DELHI), invokes Section 28(4) read with Section 99A of the Customs Act, 1962. It proposes the recovery of a differential customs duty of approximately ₹6.72 crore (₹6,72,42,832), excluding applicable interest under Section 28AA and a penalty under Section 114A of the Customs Act, 1962. Additionally, the authority has called upon the company to explain why the imported goods should not be held liable for confiscation under Section 111(m) of the same act.

The company is required to file its reply within 30 days of receiving the notice. In its submission, Zelio E-Mobility noted that while the financial impact cannot be fully quantified until adjudication is complete, management does not expect any immediate impact on operations. The firm believes the imports were undertaken based on a bona fide understanding of applicable customs classification. It is seeking appropriate legal advice and is in the process of formulating its response to submit before the competent authority within the stipulated period.

Regulatory Context

The disclosure aligns with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, which mandates timely reporting of such communications. The delay in disclosure was attributed to an internal IT routing error rather than intentional withholding. Managing Director Kunal Arya signed the intimation, affirming that the company is taking all necessary measures to protect its interests and will pursue the matter diligently in accordance with applicable legal provisions.