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.

A1 (formerly A-1 Acid Limited) has announced its financial results for the quarter and half-year ended September 30, 2025, revealing a mixed performance amidst challenging conditions.

Financial Highlights

For the half-year period, A1 reported:

*As of March 31, 2025

The company experienced a significant decline in profitability, with profit after tax dropping by 63.10% compared to the same period last year. This decrease came alongside a 13.36% reduction in revenue from operations.

Operational Performance

A1, which primarily operates in trading of acids and chemicals, faced several challenges during the period:

1. Fire Incident: On April 12, 2025, a major fire broke out at the company's registered office, impacting building, plant machinery, and other assets. The company has stated that it is adequately insured and has lodged claims following the completion of a survey.

2. Working Capital Management: The company saw significant movements in its working capital, including a substantial decrease in trade receivables and an increase in other current assets.

3. Debt Reduction: A1 reduced its short-term borrowings from 2,092.54 lacs as of March 31, 2025, to 1,691.82 lacs by September 30, 2025, indicating efforts to manage its debt position.

Future Outlook

While the company faces immediate challenges, it has taken steps that may position it for future growth:

1. Investment in Associate: The company invested 23.00 lacs in an associate entity during the half-year period.

2. Capital Work in Progress: A1 reported 80.27 lacs in capital work in progress, suggesting ongoing expansion or improvement projects.

3. Regulatory Compliance: The company noted that it will assess the impact of the Code on Social Security, 2020, once it comes into effect, which may affect its contributions towards provident fund, gratuity, and ESIC.

The Board of Directors approved these unaudited financial results at their meeting held on November 11, 2025. As A1 navigates through the aftermath of the fire incident and a challenging economic environment, stakeholders will be closely watching how the company's strategies unfold in the coming quarters.

Note: All figures are in Indian Rupees (INR) lacs unless otherwise stated.