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Zelio E-Mobility Plans Rs 168 Cr Fundraise to Expand EV Network

Quick Take Zelio E-Mobility plans to raise up to Rs 167.96 crore through a preferential issue. The plan splits into Rs 83 crore of shares to four investors and Rs 84.96 crore of warrants to promoters. Promoter holding will fall from 72.76% to 70.87% after full conversion. Electric vehicle maker Zelio E-Mobility plans to raise…

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