A-1 Ltd (BSE: 542012), a leading listed player in the chemical trading space, has announced critical corporate actions as part of its transformation into a diversified green enterprise. Following its majority acquisition in electric vehicle (EV) firm A-1 Sureja Industries, the company has fixed December 31, 2025, as the record date for its 3:1 bonus issue, and January 8, 2026, as the record date for a 10:1 stock split.
These shareholder-centric measures, approved via postal ballot and e-voting on December 22, are aimed at enhancing liquidity and market participation.
Key Developments Approved via Postal Ballot
- 3:1 Bonus Issue: Shareholders will receive three bonus equity shares (₹10 each) for every one fully paid-up equity share held.
- 10:1 Stock Split: Subdivision of each equity share of ₹10 into ten equity shares of ₹1 each.
- Investment in A-1 Sureja Industries: Raised stake from 45% to 51% at a ₹100 crore enterprise valuation.
- Increase in Authorised Share Capital: From ₹20 crore to ₹46 crore to support expansion.
- Amendment in MOA Object Clause: To include new verticals such as sports equipment and pharmaceuticals.
Strategic Stake in EV Sector
Recognizing the massive shift toward clean energy and sustainable transportation, A-1 Ltd has raised its equity holding in A-1 Sureja Industries, which manufactures battery-operated two-wheelers under the Hurry-E brand. This move positions A-1 Ltd as one of the first publicly listed chemical companies in India to hold equity in a certified EV manufacturing company.
A-1 Sureja Industries recorded a revenue of ₹43.46 crore in FY 2023-24 and is poised for rapid growth with a projected CAGR exceeding 250%. The company is transitioning from R&D to full-scale commercial rollout, with plans to enter EV component manufacturing, R&D hubs, and smart charging infrastructure.
Vision 2028: A Future-Ready Multi-Vertical Green Enterprise
A-1 Ltd aims to evolve into a robust mid-cap ESG-focused enterprise by 2028, integrating low-emission chemical operations with clean mobility solutions. The company’s roadmap includes scalable manufacturing capabilities and expansion across institutional markets, all anchored in diversified revenue streams.
Major Supply & Distribution Partnerships
Long-Term Industrial Acid Deal: Entered a tri-partite agreement to supply 10,000 metric tonnes of Concentrated Nitric Acid between November 2025 and March 2026. Partners include GNFC (manufacturer) and Solar Industries India Ltd (buyer). A-1 Ltd facilitated the deal as the distributor.
Industrial Urea Order: Secured a supply contract worth ₹127.5 crore (₹150.45 crore including GST) from Sai Baba Polymer Technologies for 25,000 MT of automobile-grade industrial urea across multiple manufacturing sites in India.
Institutional Interest & Market Momentum
On November 7, 2025, Minerva Ventures Fund, a Mauritius-based institutional investor, acquired 66,500 equity shares of A-1 Ltd at a price of ₹1,655.45 per share through a bulk deal on BSE, totaling over ₹11 crore in value. The transaction reflects rising investor confidence in the company’s diversified and future-forward strategy.
A-1 Ltd continues to build on its five-decade legacy in industrial chemical trading while boldly venturing into next-generation industries. With strong shareholder rewards, strategic acquisitions, and sectoral diversification, the company is redefining its position as a green industrial innovator in India’s mid-cap space.
