Mobility Partners with Punjab Kings as Official EV Partner for 2026 Season

Zelio E-Mobility Limited has announced a strategic partnership with Punjab Kings cricket team, becoming the Official EV Partner for the 2026 season. This collaboration marks a significant milestone in the company's brand building strategy, combining the energy of professional cricket with India's growing electric mobility movement.

Partnership Details and Scope

The partnership encompasses comprehensive branding opportunities and promotional activities throughout the 2026 season. Key elements of the collaboration include:

Partnership Component: Details Partnership Role: Official EV Partner Featured Models: XMen+ (launched in 2026) and X Men 2.0 Branding Rights: Jersey branding and stadium presence Digital Integration: Social media campaigns and digital activations Target Markets: Tier 2 markets and beyond across India

The partnership will showcase two of Zelio's most celebrated electric scooter models, positioning them prominently within mainstream Indian sports entertainment.

Strategic Brand Building Initiative

According to Kunal Arya, Managing Director of Zelio E-Mobility, the association leverages cricket's unparalleled reach across diverse demographics and geographies. "Cricket continues to be one of the most powerful platforms to connect with audiences across India. Our association with Punjab Kings allows us to engage with a wide consumer base while strengthening Zelio's brand presence in a culturally relevant environment," Arya stated.

Punjab Kings Chief Commercial Officer Saurabh Arora emphasized the synergy between sports and sustainable innovation, noting that the partnership reflects the franchise's commitment to aligning with forward-looking brands that resonate with contemporary consumers.

Company Background and Market Presence

Zelio E-Mobility operates an extensive distribution network and serves a substantial customer base across India:

Business Metrics: Details Dealer Network: Over 350 outlets Geographic Reach: More than 20 states and union territories Customer Base: Over 2,00,000 riders Product Portfolio: Electric two-wheelers (Zelio brand) and three-wheeler e-rickshaws (Tanga line) Founded: 2021 Headquarters: Haryana

Recent IPO and Financial Milestone

The partnership announcement follows the company's successful public market debut, where Zelio E-Mobility raised ₹78.34 crore through its Initial Public Offering. The IPO structure included:

Fresh issue: ₹58.84 crore

Offer for sale: 11.4 lakh shares worth ₹15.50 crore

Overall subscription: 1.5 times

Investor participation: Both institutional and retail investors

Regulatory Compliance and Future Outlook

The company confirmed that this partnership complies with applicable disclosure requirements under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and does not involve related parties. The collaboration represents Zelio's broader strategy of investing in brand equity alongside product excellence as the Indian EV sector continues its rapid expansion.

Zelio E-Mobility Limited has filed its quarterly compliance certificate with BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The certificate covers the quarter ended March 31, 2026, and was submitted on April 08, 2026.

Regulatory Compliance Certificate

The company submitted the mandatory certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. This quarterly filing is required for all listed companies to confirm compliance with dematerialisation processes and depository regulations.

Parameter Details Certificate Date April 07, 2026 Submission Date April 08, 2026 Quarter Covered January 01, 2026 to March 31, 2026 Issuing Authority Maashitla Securities Private Limited

Registrar and Share Transfer Agent Details

Maashitla Securities Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate. The RTA is SEBI registered under Category-I with registration number INR000004370 and operates from its registered office in New Delhi.

The certificate was signed by Mr. Mukul Agrawal, Authorized Signatory of Maashitla Securities Private Limited, confirming the company's compliance with regulatory requirements.

Dematerialisation Activity Report

The certificate reveals no dematerialisation activity during the quarter ended March 31, 2026. Both acceptance and rejection tables for securities certificates show nil entries for the period.

Activity Type Period Number of Certificates Securities Accepted January 01, 2026 to March 31, 2026 Nil Securities Rejected January 01, 2026 to March 31, 2026 Nil

Company Leadership

The regulatory filing was signed by Kunal Arya, Managing Director of Zelio E-Mobility Limited, with DIN 09241630. The submission was made from the company's location in Haryana on April 08, 2026.

This quarterly compliance certificate demonstrates Zelio E-Mobility Limited's adherence to SEBI's regulatory framework and maintains transparency in its depository and participant operations.

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