A-1 Limited Diversifies from Chemicals to Clean Mobility with Strategic Entry into Electric Vehicles

A-1 Limited (BSE - 542012) (formerly A-1 Acid Limited), a listed chemical trading and logistics company headquartered in Ahmedabad, has announced a major diversification into India's fast-growing electric vehicle (EV) sector - marking a strategic shift from chemicals to clean mobility.

Recognizing the rapid transition toward green energy and sustainable transport, A-1 Limited had already acquired a 45% partnership stake in A-1 Sureja Industries, a manufacturer of battery-operated two-wheelers and range of Electrical Vehicles and now further acquired 6% which makes it to total stake of 51%. This move makes A-1 Limited one of India's first listed chemical companies to directly hold equity in a certified EV manufacturing enterprise.

Building on a five-decade legacy in industrial-acid trading, distribution, and logistics, A-1 Limited has established itself as a trusted partner in India's chemical value chain, known for safety compliance, disciplined capital management, and nationwide reach. With a market capitalization of approximately Rs. 1,200 crore as of 2025, the company's robust fundamentals have provided a strong platform for this next phase of growth.

Headquartered in Ahmedabad, A-1 Sureja Industries is driving scalable electric two-wheeler manufacturing, having approx. value of Rs. 100 crore as on date. The company is now poised for rapid expansion with a projected CAGR of over 250%, transitioning from the R&D stage to commercial rollout.

Sharing more details, Mr. Anant Patel (Director, A-1 Limited), said, "Our diversification into EV manufacturing reflects A-1 Limited's commitment to sustainability, innovation, and long-term value creation. With our experience in chemical logistics, safety systems, and industrial compliance, we are uniquely positioned to support clean mobility and contribute to India's green future."

By 2028, A-1 Limited aims to evolve into a multi-vertical green enterprise, integrating lowemission chemical operations with clean mobility solutions. The company's transformation positions it as a future-ready mid-cap ESG leader with diversified revenue streams, scalable manufacturing capabilities, and rising institutional interest.

A-1 Sureja Industries has patent in its name for exclusive design till the year 2028 and as the quick commerce/bike taxi is gaining a new height in India, our product is highly suitable for the same. This will help us in massive sales.

"This strategic evolution transforms A-1 Limited from an industrial-chemicals player into a clean-mobility innovator, We're combining legacy strength with futuristic technology to deliver long-term value for our shareholders and a sustainable future for India," added Mr. Anant Patel.

India's electric two-wheeler market has grown at a 35% CAGR (FY 2020-25), surpassing 1.5 million units, and is projected to cross 5 million units by FY 2028. The product range targets the Rs. 75,000-Rs. 1.40 lakh price segment - balancing performance and affordability for mass and fleet buyers. The Hurry-E Electric Motorcycle, approved by the Automotive Research Association of India (ARAI), represents the company's entry into the high-potential electric two-wheeler segment. The model integrates smart Battery Management Systems (BMS), reverse mode, and diagnostic features - designed for daily commuters and fleet users seeking reliability, performance, and affordability.

Shares of A-1 Acid Ltd was last trading in BSE at Rs. 1053.10 as compared to the previous close of Rs. 1051.45. The total number of shares traded during the day was 23327 in over 233 trades.

The stock hit an intraday high of Rs. 1060.00 and intraday low of 1051.25. The net turnover during the day was Rs. 24586726.00.

Source : Equity Bulls

Keywords

A1 INE911Z01017 CleanMobility ElectricVehicles