A-1 Limited , formerly known as A-1 Acid Limited, has successfully completed its postal ballot proceedings and announced the implementation timeline for its approved bonus issue. The company has set December 31, 2025 as the record date for determining shareholder entitlement for bonus equity shares in the ratio of 3:1.

Bonus Issue Implementation Timeline

Following the successful postal ballot completion where all five resolutions were approved by shareholders, A-1 Limited has now provided detailed implementation schedule for the bonus share issue. The company will issue three bonus equity shares of ₹10.00 face value each for every one fully paid-up equity share held.

Postal Ballot Process Completion

The Board of Directors at their meeting held on November 14, 2025 had decided to obtain shareholder consent through postal ballot under Section 110 of the Companies Act, 2013. Ms. Dhara Patel, Practising Company Secretary (Membership Number: 29198), served as the scrutinizer for the voting process conducted through NSDL's e-voting platform.

Approved Corporate Actions

All five business proposals submitted through the postal ballot process received shareholder approval with overwhelming support across all categories including promoter and promoter group, public institutions, and public non-institutions.

Depository and Trading Details

As per SEBI circular CIR/CFD/PoD/2024/122 dated September 16, 2024, the credit of bonus shares in the depository system will be completed by 12:00 PM on January 1, 2026. The bonus shares will be available for trading from the beginning of January 2, 2026. The company has communicated these details to BSE Limited under its security code 542012.

Strategic Business Expansion

The approved resolutions enable A-1 Limited to pursue diversification into sports equipment and pharmaceutical sectors. The company has also received approval to increase its stake in subsidiary A-1 Sureja Industries from 45% to 51% at ₹100.00 crore enterprise value, supporting expansion into emerging sectors including EV component manufacturing and smart charging infrastructure.

A1 , formerly known as A-1 Acid Limited, has issued a clarification to the Bombay Stock Exchange (BSE) regarding stock-related messages circulating on social media platforms. The company has addressed several key points to provide transparency and accurate information to its investors and the public.

Bonus Issue and Stock Split

The company confirmed that it has proposed both a bonus issue and a stock split. However, A1 emphasized that the ratios for these corporate actions have not yet been finalized. The Board of Directors is set to approve these ratios in an upcoming meeting. The company warned that any specific ratios mentioned in social media posts are speculative and not authorized by A1.

Dividend

A1 clarified that it has not approved any dividend at this time. Any decision regarding dividends will be made by the board of directors at an appropriate time and will be duly communicated to the exchange in compliance with SEBI (LODR) Regulations.

Electric Vehicle Business Acquisition

The company confirmed its previous official disclosure regarding the acquisition of a 51% stake in a company engaged in the electric vehicle (EV) business. This disclosure was made in compliance with Regulation 30 of SEBI (LODR) Regulations.

Hurry E-bikes

A1 verified that Hurry E-bikes is an ARAI (Automotive Research Association of India) approved electric two-wheeler model under the acquired entity. This information has been previously disclosed to the public.

Future Diversification Strategy

The company stated that it is exploring opportunities in various sectors related to the EV industry, including:

• Battery technology
• EV components
• Smart charging infrastructure
• Green energy

However, A1 clarified that no definitive proposals have been placed before the Board regarding these potential diversification areas.

Social Media Disclaimer

A1 strongly denied any connection with Telegram channels or social media groups circulating promotional content about the company. The company plans to file a formal complaint with cybercrime authorities regarding such unauthorized communications.

Commitment to Compliance

The company reiterated its commitment to compliance with SEBI regulations. A1 assured investors that all material announcements would be made through official filings with stock exchanges.

This clarification from A1 serves as a reminder to investors to rely on official company communications and exchange filings for accurate information. It also highlights the company's proactive approach in addressing market speculations and maintaining transparency in its operations and future plans.