Keto Motors Debuts on Bombay Stock Exchange

Keto Motors (BSE: KETOMOTORS 537392), a Hyderabad-based commercial electric vehicle manufacturer focused on sustainable mobility solutions, has debuted on the Bombay Stock Exchange (BSE) following the successful completion of its reverse merger with Taaza International Limited. The listing strengthens the company's access to public capital markets as it expands manufacturing capabilities, electric bus development and commercial EV operations across India.

The reverse merger, approved by the National Company Law Tribunal (NCLT), Hyderabad Bench in June 2025, enabled the transition of Taaza International Limited into Keto Motors Limited, subject to applicable regulatory and exchange compliances.

The listing comes as Keto Motors continues to scale its electric commercial mobility business through key initiatives including its INR 300 crore electric bus manufacturing project in Telangana and the upcoming commercial rollout of its Urbanova KE9 9-metre electric bus platform.

Keto Motors continues to strengthen its technology and manufacturing capabilities through its strategic association with TRON Energy Technology, a Taiwan-based EV technology provider with expertise in electric mobility and sustainable transportation systems. Through this collaboration, the company gains access to advanced battery systems, powertrain solutions and chassis engineering technologies for commercial EV platforms.

Commenting on the listing, Mr. Venkatesh Challa, Director, Keto Motors, said: "Our BSE debut marks an important milestone in Keto Motors' journey as we continue building a scalable electric commercial mobility business in India. This development strengthens our ability to expand manufacturing capabilities, accelerate product innovation, and support the growing adoption of sustainable transportation solutions across the country. We believe India's commercial EV sector is entering a transformative phase, and Keto Motors is well-positioned to contribute meaningfully to this transition."

The company is focused on addressing growing demand from State Transport Undertakings (STUs), institutional fleet operators, employee transportation providers, and urban mobility networks transitioning toward zero-emission transportation systems.

Keto Motors recently secured CMVR Type Approval certification for its Urbanova KE9 electric bus and is preparing for commercial deployments across multiple mobility applications. Manufacturing operations are being developed at the company's integrated facility in Jadcherla, Telangana, which is expected to support advanced electric bus production and future scale expansion.

With India's commercial EV transition accelerating, Keto Motors aims to strengthen its position across electric bus manufacturing, fleet mobility solutions and sustainable transportation infrastructure.

Source : Equity Bulls

Keywords

KetoMotors TaazaInternational ReverseMerger Listing