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

✦ AI SummaryJoint Venture

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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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10

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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