Autoline Industries Limited has made significant strides in its diversification strategy with two major announcements. The company has entered the electric vehicle segment through its subsidiary while simultaneously commissioning a solar power project to reduce operational costs.

Electric Two-Wheeler Launch

The company's wholly-owned subsidiary, Autoline E-mobility Private Limited (AEMPL), has successfully launched electric two-wheelers in the domestic market. The subsidiary has received the required accreditation from designated authorities under the Ministry of Heavy Industries for two models.

Solar Power Project Commissioning

Autoline Industries has commissioned a 6.50MW open access solar power facility that has begun supplying power to the company's manufacturing units. The project operates under a Power Purchase Agreement with Hamsa Solar Asset Series 4 Private Limited.

Financial Impact and Benefits

The solar power facility is expected to deliver substantial cost savings for the company's operations. The project will provide protection against electricity price escalations, ensuring stable power costs for the company's manufacturing units.

Key benefits of the solar power project include:

• Annual electricity expense savings of ₹4.00 to ₹5.00 crores
• Protection from future electricity tariff increases
• Sustainable power supply for manufacturing operations
• Enhanced operational cost efficiency

Strategic Diversification

These developments represent Autoline Industries' strategic move toward diversification, encompassing both the growing electric vehicle market and renewable energy adoption. The electric two-wheeler launch positions the company in the expanding e-mobility sector through its dedicated subsidiary, while the solar power project demonstrates the company's commitment to sustainable manufacturing practices and cost optimization.

Autoline Industries Limited has announced an Extraordinary General Meeting (EGM) scheduled for January 2, 2026, to seek shareholder approval for a significant capital restructuring initiative. The company plans to increase its authorized share capital and issue warrants worth Rs 24.49 crore to its promoter on a preferential basis.

EGM Details and Key Resolutions

The EGM will be conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM) at 3:00 PM on Friday, January 2, 2026. Shareholders will vote on two critical resolutions that could reshape the company's capital structure.

Authorized Capital Increase Proposal

The first resolution seeks to increase Autoline Industries' authorized share capital from Rs 46.00 crore to Rs 51.00 crore. This expansion involves creating an additional 50 lakh equity shares of Rs 10 each, bringing the total authorized shares to 5.10 crore.

Preferential Warrant Issue Details

The second resolution proposes issuing 32.65 lakh warrants to promoter Shivaji Tukaram Akhade at Rs 75 per warrant, raising Rs 24.49 crore. Each warrant carries the right to convert into one fully paid-up equity share within 18 months from the allotment date.

Financial Context and Impact

The warrant issue comes at a time when Autoline Industries has demonstrated strong financial growth. The company's balance sheet reflects robust expansion with total assets growing by 37.01% year-over-year to Rs 678.90 crore.

Post-Issue Shareholding Pattern

Upon full conversion of the warrants, promoter Shivaji Akhade's shareholding will increase significantly. Currently holding 69.50 lakh shares (15.32% stake), his holding would rise to 1.02 crore shares, representing approximately 21.00% of the expanded share capital.

Strategic Rationale and Fund Utilization

The company intends to utilize the raised funds for working capital requirements, business expansion, and general corporate purposes. Autoline Industries, primarily engaged in manufacturing auto parts and providing stamping tools services to OEMs, has recently established a state-of-the-art facility in Sanand, Gujarat, as part of its expansion strategy.

The pricing of Rs 75 per warrant complies with SEBI ICDR Regulations, being above the minimum price determined based on volume-weighted average prices. An independent registered valuer has also provided a valuation report supporting the pricing decision.

Shareholders can participate in the EGM through the NSDL e-voting platform, with remote e-voting facilities available from December 30, 2025, to January 1, 2026. The company has appointed Sujit Manazhy as the scrutinizer to ensure fair and transparent voting processes.