BSECompany Update2d ago · 3 Aug 2026, 06:17 pm
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we inform that the Company has received Demand cum Show Cause Notice No. 29/PC/2026-27 dated July 29, 2026, from the office of ....
Zelio E Mobility Ltd · 544563
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Zelio E Mobility Ltd has received a Demand cum Show Cause Notice from the Office of the Principal Commissioner of Customs, ICD PPG & Other ICDs, Delhi, alleging misclassification of certain imported goods and proposing recovery of differential customs duty along with applicable interest and penalty.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment4/10
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Full Announcement
Zelio E Mobility Ltd - 544563 - Announcement Under Regulation 30 Read With Para A Of Part A Of Schedule III Of SEBI (LODR) Regulations, 2015
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August 03, 2026
The Manager,
Department of Corporate Services,
BSE Limited,
P. J. Towers, Dalal Street,
Mumbai - 400001.
Scrip Code: 544563 Symbol: Zelio ISIN: INE1B3501014
Sub: Intimation under Regulation 30 read with Para A of Part A of Schedule III of the Securities and
Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Dear Sir/ Madam,
Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), we hereby inform you
that the Company has received a Demand cum Show Cause Notice No. 29/PC/2026-27 dated July 29, 2026 (File
No. GEN/ADT/PCA/111/2026-ICD-BBG-CUS-COMMRTE-PPG-DELHI), issued by the Office of the Principal
Commissioner of Customs, ICD PPG & Other ICDs, Delhi. The said notice was emailed to the Company on
July 30, 2026. However, the said e-mail was inadvertently routed to the Company's spam/junk folder and,
consequently, could not be reviewed in a timely manner. This lapse came to the Company's notice on August 03,
2026, whereupon the Company promptly reviewed the notice and is making this disclosure on the same date.
The details of the above notice as required under Regulation 30 read with Schedule III of the Listing
Regulations and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 is
attached as Annexure-A.
This is for your information and records.
Thanking you,
Yours faithfully,
For Zelio E -Mobility Limited
Kunal Arya
Managing Director
DIN: 09241630
Details as per Regulation 30 read with Schedule III of the Listing Regulations and SEBI master circular no.
SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
Annexure- A
Sr. No. Particulars Details
1. Name of the Company Zelio E-Mobility Limited
2. Name of the authority Principal Commissioner of Customs, ICD PPG &
Other ICDs, Delhi
3. Date of receipt of direction or order, The Demand cum show cause notice was
including any ad-interim or interim orders, received on July 30, 2026. However, the e-mail
or any other communication from the carrying the notice was inadvertently routed to
authority the Company’s spam folder and, as a result,
could not be reviewed in a timely manner. The
lapse came to the Company’s notice on August
03, 2026, immediately upon discovery, the
Company reviewed the notice and is making this
disclosure on the same date.
4. Details of fines, penalties, violation(s)/ The Company has received a Demand cum Show
contravention, dues, etc. including amount Cause Notice under Section 28(4) read with
Section 99A of the Customs Act, 1962, alleging
misclassification of certain imported goods and
proposing recovery of differential customs duty
along with applicable interest under Section
28AA, and penalty under Section 114A of the
Customs Act, 1962.
5. Nature and details of the action(s) taken or Demand cum Show Cause Notice issued by the
order passed Office of the Principal Commissioner of
Customs, ICD PPG & Other ICDs, Delhi,
alleging misclassification/incorrect availment of
IGST concession on import of E-Scooters in
Knocked Down (CKD) condition, and calling
upon the Company to show cause as to why the
differential duty, interest and penalty referred to
above should not be demanded/imposed, and
why the goods should not be held liable to
confiscation under Section 111(m) of the
Customs Act, 1962. The Company is required to
file its reply within 30 days of receipt of the
notice.
6. Impact on financial, operation or other The financial impact cannot be determined at this
activities of the listed entity, quantifiable in stage, as the matter is presently under evaluation.
monetary terms to the extent possible The Company is seeking appropriate legal advice
in this regard.
Note: The aforesaid Show Cause Notice has been received by the Company and is presently under
examination. The Company is in the process of formulating its response and shall submit the same before the
competent authority within the stipulated period. The matter shall be pursued diligently in accordance with
applicable legal provisions, and the Company is taking all necessary measures to protect and safeguard its
interests.