BSECompany Update5d ago · 3 Aug 2026, 10:01 am
Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015 regarding Press Release
Keto Motors Ltd · 537392
✦ AI Summary▲ PositiveProduct Launch
Keto Motors Ltd, a commercial electric vehicle manufacturer, has unveiled its first commercial electric bus, the Urbanova KE9, marking its entry into India's electric bus segment. The company has completed its transition into a publicly listed entity and has signed a Memorandum of Understanding with the Government of Telangana to invest ₹300 crore in expanding its facility and establishing a greenfield facility.
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Keto Motors Ltd - 537392 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Date: 03/08/2026
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 –Press release
Dear Sir/Madam,
In continuation to our earlier communication dated 01st August, 2026 regarding product launch
and pre-launch press release; and pursuant to Regulation 30 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, we are sending herewith a copy of the Press Release
titled “Keto Motors Unveils Urbanova KE9, Marking Its Entry into India's Commercial
Electric Bus Segment” today to the media.
A copy of the Press Release being issued by the Company in this regard is enclosed for your
information and records.
The above information is also being made available on the website of the Company.
Kindly take the above information on record.
Thanking you.
Yours faithfully,
For Keto Motors Limited (Formerly Known as Taaza International Limited)
Priya Ladda
Company Secretary & Compliance Of(cid:976)icer
Keto Motors Unveils Urbanova KE9, Marking Its Entry into India's Commercial
Electric Bus Segment
● Hyderabad-based commercial EV manufacturer will strengthen its mobility portfolio
with the launch of Urbanova KE9, backed by manufacturing investments, global
technology partnerships, and a long-term vision for sustainable public transportation
Hyderabad, August 03, 2026: Keto Motors (BSE: KETOMOTORS 537392), an emerging
commercial electric vehicle manufacturer focused on developing commercial EV solutions
for India, yesterday unveiled its first commercial electric bus, the Urbanova KE9, marking its
entry into India's electric bus segment. The company also ceremonially handed over the
vehicle to its operating partner during the launch event.
Founded in 2018, Keto Motors is built on the legacy of the founding team that pioneered
India's early electric bus industry. Long before electric mobility became mainstream, they
recognised that India’s public transport system would inevitably move to clean mobility. The
team was instrumental in building one of India's first successful electric bus companies,
introducing international technology partnerships, establishing domestic manufacturing
capabilities and demonstrating that electric buses could operate reliably at a commercial
scale under Indian conditions. Their contribution helped lay the foundation for India's
commercial electric bus ecosystem.
Commemorating the launch of KETO Motors' first commercial electric bus, Shri G. Kishan
Reddy Garu, Hon'ble Union Minister of Coal and Mines, Government of India, said, "I
am delighted to unveil Telangana-based KETO Motors' first commercial electric bus and
participate in this landmark occasion. Under the visionary leadership of Hon'ble Prime Minister
Shri Narendra Modi Ji, India is making significant strides in manufacturing, innovation, green
energy and sustainable mobility. This launch reflects the growing strength of our indigenous
manufacturing capabilities and our commitment to building an Aatmanirbhar Bharat.
Electric mobility is central to enhancing energy security, reducing emissions and strengthening
technological self-reliance. It is encouraging to see Telangana-based enterprises contributing
to this national mission by developing indigenous mobility solutions that strengthen public
transport, create employment and support sustainable growth. I congratulate KETO Motors on
this achievement and wish the company continued success in advancing sustainable mobility
and contributing to the vision of a Viksit Bharat."
Building on this legacy, Keto Motors represents the next chapter of that journey. Led by the
same founding team that helped shape India’s early electric bus movement, the company
combines years of proven expertise in engineering, manufacturing and large-scale electric
bus deployment with a renewed focus on innovation, localization and next-generation
product development. Rather than starting from scratch, Keto Motors is leveraging decades
of industry experience to develop world-class electric buses that will support India's next
phase of clean mobility.
Earlier this year, the company completed its transition into a publicly listed entity following
its successful reverse merger with Taaza International Limited, further strengthening its
platform for long-term growth, business expansion and product innovation. The launch of
the Urbanova KE9 reflects the company's strategy of delivering reliable, locally engineered
zero-emission transportation solutions for public and fleet mobility.
Supporting its growth strategy, Keto Motors signed a Memorandum of Understanding (MoU)
with the Government of Telangana in early December 2025, committing to an investment of
approximately ₹300 crore to expand its existing 20-acre facility at Jadcherla and establish a
greenfield facility at the Telangana EV Mobility Valley. The investment will support the
manufacturing of 9-metre electric buses, create more than 2,000 direct jobs over the next
three years, and establish Telangana as the company's primary manufacturing hub for future
capacity expansion.
Speaking on the importance of accelerating electric mobility adoption in public
transportation, Shri Y. Nagi Reddy, Managing Director, Telangana State Road Transport
Corporation (TGSRTC), said, “The Telangana State Road Transport Corporation (TGSRTC)
is committed to accelerating the transition towards sustainable public transport. We currently
operate 10,201 buses, including 1,050 electric buses, serving nearly 60 lakh passengers every
day. With plans to induct 800 electric buses by December this year and another 1,400 by
December next year, we are moving towards deploying around 3,000 electric buses in
Hyderabad, which will significantly reduce carbon emissions from city bus operations. We
believe capital subsidies for electric bus procurement will help State Road Transport
Corporations accelerate this transition, while greater collaboration between RTC, Metro Rail
and private mobility operators will be crucial to improving public transport and last-mile
connectivity. Telangana's EV incentives have further supported clean mobility adoption, and
we are confident that cleaner transport technologies will help reduce urban pollution in the
coming years."
Complementing its vehicle engineering capabilities, Keto Motors, along with ROQIT, has
developed KETO Connected, an integrated digital operations platform designed specifically
for commercial fleet operators. The platform provides real-time vehicle health monitoring,
battery analytics, remote diagnostics, operational visibility and predictive maintenance
capabilities, enabling operators to maximize fleet uptime while reducing operating costs.
The company has further strengthened its technology ecosystem through a strategic
partnership with TRON Energy Technology, a leading Taiwanese electric bus manufacturer.
The partnership provides Keto Motors access to advanced battery systems, patented liquid-
cooled battery technology, Battery Management Systems (BMS), connected vehicle
technologies, powertrain technologies and chassis engineering expertise, strengthening the
company's ability to deliver globally benchmarked electric buses tailored for Indian public
transport and fleet requirements.
Purpose-built for urban and institutional transportation, the Urbanova KE9 is a 9-metre
electric bus measuring 8,985 mm in length, 2,532 mm in width and 3,189 mm in height. It
offers seating for up to 31 passengers, features a floor height of 900 mm for convenient
passenger boarding, and offers a certified operating range of over 150 km under fully loaded
operating conditions with a top speed of up to 80 km/h. The bus is equipped with electro-
hydraulic power steering, an Anti-lock Braking System (ABS), regenerative braking and disc
brakes, designed to enhance safety
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