A1 Expands into EV Sector with Increased Stake in A-1 Sureja Industries

1 min read     Updated on 27 Oct 2025, 11:24 AM
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Reviewed by
Radhika SahaniScanX News Team
Overview

A1, formerly A-1 Acid Limited, has approved an increase in its partnership interest in A-1 Sureja Industries from 45% to 51%. A-1 Sureja Industries specializes in manufacturing battery-operated electric two-wheelers and electrical vehicles. The acquisition will be funded through internal accruals and is not considered material under regulatory thresholds. Upon completion, A-1 Sureja Industries will become a subsidiary of A1, allowing for consolidation of operations and better strategic alignment in the Electric Mobility and Green Energy segments.

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*this image is generated using AI for illustrative purposes only.

A1 , formerly known as A-1 Acid Limited, has announced a strategic move to strengthen its position in the electric vehicle (EV) sector. The company's board of directors has approved an increase in its partnership interest in A-1 Sureja Industries, a firm specializing in the manufacture of battery-operated electric two-wheelers and electrical vehicles.

Key Details of the Acquisition

Particulars Details
Target Entity A-1 Sureja Industries
Nature of Entity Partnership firm under Indian Partnership Act, 1932
Current Stake 45%
Additional Stake 6%
Post-Acquisition Stake 51%
Consideration Cash (to be finalized based on valuation)
Funding Source Internal accruals

Strategic Implications

The acquisition aligns with A1's strategic objective of diversifying from its existing chemicals and logistics operations into the emerging Electric Mobility and Green Energy segments. By increasing its stake from 45% to 51%, A1 will gain management control and operational oversight of A-1 Sureja Industries.

Impact on Corporate Structure

Upon completion of the transaction, A-1 Sureja Industries will become a subsidiary of A1. This change in status will allow A1 to consolidate A-1 Sureja Industries' operations under its management, potentially leading to better strategic alignment and integration of sustainability initiatives.

Financial Considerations

The company has stated that the acquisition is not considered material under regulatory thresholds and will be funded through internal accruals. The revenue contribution of A-1 Sureja Industries will be consolidated with A1's financial statements from the effective date of control.

Regulatory Compliance

The transaction is subject to the completion of all regulatory and statutory formalities. It will take effect upon the execution of a revised partnership deed and fulfillment of necessary regulatory requirements.

Market Outlook

This move by A1 reflects the growing interest in the electric vehicle sector among Indian companies. As the EV market in India continues to expand, such strategic acquisitions could play a crucial role in shaping the competitive landscape of the industry.

The board meeting that approved this decision was held on October 27, 2025, at the company's registered office in Ahmedabad. A1 has emphasized that this intimation contains factual statements and does not make any forward-looking representations beyond those required by applicable law.

Historical Stock Returns for A1

1 Day5 Days1 Month6 Months1 Year5 Years
+20.00%+23.18%+28.08%+143.46%+279.77%+305.42%

A-1 Limited Declares ₹1.50 Per Share Final Dividend for FY2025

1 min read     Updated on 04 Sept 2025, 04:04 PM
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Reviewed by
Ashish ThakurScanX News Team
Overview

A-1 Limited has declared a final dividend of ₹1.50 per equity share for FY 2025, subject to shareholder approval at the AGM on September 12, 2025. The record date is set for September 5, 2025, with payment due by October 11, 2025. TDS rates vary from 10% for resident individuals and domestic companies to 20% plus surcharges for non-residents. Shareholders can submit tax exemption forms by September 8, 2025.

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*this image is generated using AI for illustrative purposes only.

A1 , formerly known as A-1 Acid Limited, has announced a final dividend of ₹1.50 per equity share for the financial year ended March 31, 2025. The company's Board of Directors made this recommendation during their meeting held on August 14, 2025.

Dividend Details

The final dividend, representing 15% of the face value of ₹10 per equity share, is subject to shareholder approval at the upcoming 21st Annual General Meeting (AGM) scheduled for September 12, 2025. If approved, the dividend will be paid within 30 days of the declaration.

Key Dates

  • Record Date: September 5, 2025
  • AGM Date: September 12, 2025
  • Dividend Payment Deadline: October 11, 2025 (within 30 days of declaration)

Tax Implications

A-1 Limited has provided detailed information regarding the tax deduction at source (TDS) on the dividend payment. The applicable TDS rates vary based on the category of shareholders:

Shareholder Category TDS Rate
Resident Individuals 10%
Domestic Companies 10%
Non-Resident Individuals 20% + applicable surcharge and cess
Non-Domestic Companies 20% + applicable surcharge and cess

It's important to note that for resident individual shareholders, TDS will be deducted only if the total dividend payout during FY2025-26 exceeds ₹10,000.

Tax Exemption and Lower Deduction

Shareholders can submit Form 15G/15H for tax exemption by September 8, 2025. The company has made these forms available for download on their website ( www.a-1limited.com ). Additionally, non-resident shareholders who have obtained a Lower Deduction Certificate (LDC) may be eligible for TDS at lower rates as prescribed under the Double Taxation Avoidance Agreement.

Investor Information

For further clarifications, shareholders can contact the company directly or reach out to the Registrar and Transfer Agent, Cameo Corporate Services Ltd., at rani@cameoindia.com or by calling 044-28460395.

A-1 Limited has emphasized its commitment to shareholder value and transparency by providing comprehensive information about the dividend payout process and associated tax implications.

Historical Stock Returns for A1

1 Day5 Days1 Month6 Months1 Year5 Years
+20.00%+23.18%+28.08%+143.46%+279.77%+305.42%
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