A1 , formerly known as A-1 Acid Limited, has announced a series of significant corporate actions through a postal ballot notice, seeking shareholder approval for major restructuring and business expansion initiatives. The company's board has proposed several key changes that could substantially alter its capital structure and business focus.

Capital Restructuring

The company has proposed a three-pronged approach to restructure its capital:

1. Increase in Authorized Share Capital: A1 plans to increase its authorized share capital from Rs. 20.00 crores to Rs. 46.00 crores, preparing the ground for potential future equity issuances.

2. Bonus Share Issue: The company intends to reward its shareholders with a 3:1 bonus issue, meaning three new fully paid-up equity shares for every one existing share held.

3. Stock Split: Following the bonus issue, A1 proposes to sub-divide its shares, changing the face value from Rs. 10.00 to Rs. 1.00 per share. This move aims to improve stock liquidity and potentially make the shares more accessible to a broader range of investors.

Business Expansion

In addition to the capital restructuring, A1 is seeking to diversify its business activities:

1. Sports Equipment Business: The company plans to enter the sports equipment market, focusing on importing, exporting, trading, and distributing various sports-related products.

2. Pharmaceutical Venture: A1 aims to expand into the pharmaceutical sector, engaging in sourcing, supplying, contract manufacturing, and manufacturing of pharmaceutical products, drug intermediates, and healthcare products for both domestic and international markets.

Investment in Subsidiary

A1 also proposes to increase its stake in its subsidiary, A-1 Sureja Industries, a partnership firm involved in manufacturing battery-operated electric two-wheelers (EVs). The company plans to invest up to Rs. 20.00 crores to increase its shareholding from 45% to 51%, signaling a stronger commitment to the EV sector.

Voting Process

Shareholders can vote on these resolutions through postal ballot or e-voting. The voting period is set from November 22, 2025, to December 21, 2025, with results expected to be announced within 48 hours of the voting conclusion.

These proposed changes, if approved, could significantly impact A1's future growth trajectory and market positioning. Shareholders are advised to carefully consider the implications of these resolutions before casting their votes.

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.