BSECompany Update6d ago · 2 Aug 2026, 08:06 pm
Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015 regarding Execution of MoU
Keto Motors Ltd · 537392
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Keto Motors Ltd has entered into a Memorandum of Understanding (MoU) with STS Wheels Private Limited, Svida Mobility Private Limited, and Hybrid fleet management Pvt Ltd for the deployment of 50 electric buses.
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Keto Motors Ltd - 537392 - Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
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Date: 02/08/2026
BSE Limited
Phiroze Jeejeebhoy Towers
Dalal Street
Mumbai – 400001
Unit: Keto Motors Limited (formerly known as Taaza International Limited)
(Scrip code: 537392)
Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 –Execution of MoU
Dear Sir/Madam,
This is to inform you that the Company has entered into a Memorandum of Understand (MoU) on
August 02, 2026 with parties as mentioned below, which are one of the largest employee
transportation and mobility service providers.
1. STS Wheels Private Limited
2. Svida Mobility Private Limted
3. Hybrid fleet management Pvt Ltd
The details as required under Regulation 30 read with relevant circulars is enclosed as ‘Annexure I’.
Kindly take the aforementioned submissions on your records.
Thanking You.
Yours faithfully,
For Keto Motors Limited (Formerly Known as Taaza International Limited)
Priya Ladda
Company Secretary & Compliance Officer
Annexure I
Brief disclosure pursuant to Regulation 30 read with relevant circulars:
Sr.No Particulars STS Wheels Private Svida Mobility Hybrid fleet
Limited Private Limited management Pvt
1 Name(s) of parties STS Wheels Private Svida Mobility Hybrid Fleet
with whom the Limited Private Limited Management Pvt
agreement is (Sony Transport) Ltd
entered
2 Purpose of entering The purpose of The purpose of The purpose of
into the agreement this MOU is to this MOU is to this MOU is to
record the record the record the
collaboration collaboration collaboration
between the between the between the
Parties for the Parties for the Parties for the
deployment of a deployment of a deployment of a
total of fifty (50) of fifty (50) – fifty (50) –
Keto Motors' 9- Hundred (100) of Hundred (100) of
metre electric Keto Motors' 9- Keto Motors' 9-
buses with Sony metre electric metre electric
Transport, under buses with Svida buses with Hybrid
a firm order to be Mobility Private fleet management
placed by Sony Limted (Svida), Pvt Ltd (Hybrid),
Transport. under a firm order under a firm order
to be placed by to be placed by
Svida. Hybrid.
3 Shareholding in the Not applicable. Not applicable. Not applicable.
entity with whom
the agreement is
executed
4 Significant terms of Keto Motors shall Parties will enter Parties will enter
the agreement (in deliver one (1) into Definitive into Definitive
brief) special rights homologated Vehicle Supply Vehicle Supply
like right to appoint electric bus on an Agreements in due Agreements in due
directors, first right expedited basis course, as per the course, as per the
to share upon the date of terms of the MoU. terms of the MoU.
subscription in case signing of this MOU No special rights are No special rights are
of issuance of to enable early agreed between the agreed between the
shares, right to deployment and parties like, right to parties like, right to
restrict any change operational appoint directors, appoint directors,
in capital structure evaluation. The first right to share first right to share
etc. remaining forty- subscription in case subscription in case
nine (49) buses shall of issuance of of issuance of
be delivered in three shares, right to shares, right to
subsequent phases restrict any change restrict any change
in accordance with in capital structure, in capital structure,
the delivery etc etc
schedule/firm order
to be mutually
agreed under the
definitive Vehicle
Supply Agreement,
completing the full
order of fifty (50)
vehicles.
Parties will enter
into Definitive
Vehicle Supply
Agreements in due
course, as per the
terms of the MoU.
Further, no special
rights are agreed
between the parties
like, right to appoint
directors, first right
to share
subscription in case
of issuance of
shares, right to
restrict any change
in capital structure,
5 Whether the said No No No
parties are related
promoter/promoter
group/ group
companies in any
manner. If yes,
nature of
relationship
6 Whether the No No No
transaction would
fall within related
party transactions?
If yes, whether the
same is done at
“arm’s length”
7 In case of issuance Not Applicable Not Applicable Not Applicable
of shares to the
parties, details of
issue price, class of
shares issued
8 Any other This MoU is only an This MoU is only an This MoU is only an
disclosures related expression of expression of expression of
to such agreements, interest and a interest and a interest and a
viz., details of detailed Definitive detailed Definitive detailed Definitive
nominee on the Agreement would Agreement would Agreement would
board of directors of be entered into be entered into be entered into
the listed entity, between the Parties, between the Parties, between the Parties,
potential conflict of following which a following which a following which a
interest arising out commercially commercially commercially
of such agreements, binding order would binding order would binding order would
etc be placed on the be placed on the be placed on the
Company Company Company
9 in case of Not Applicable Not Applicable Not Applicable
termination or
amendment of
agreement, listed
entity shall disclose
additional details to
the stock
exchange(s): a)
name of parties to
the agreement; b)
nature of the
agreement; c) date
of execution of the
agreement; d)
details of
amendment and
impact thereof or
reasons of
termination and
impact thereof
For Keto Motors Limited (Formerly Known as Taaza International Limited)
Priya Ladda
Company Secretary & Compliance Officer