After 3:1 Bonus Issue & 10:1 Stock Split Chemical Company Entered EV Space; 1,400+ Orders Already In Hand!
Business
With the goal to develop an expandable electric two-wheeler ecosystem through product execution, partner-led expansion, and digital enablement, A-1 Limited has announced that A-1 Sureja Industries, its associate and a component of the company’s electric mobility initiative, is moving forward with the initiative under the brand “Yellow EV.”
According to the corporation, in January 2026, the affiliate got two (2) confirmed purchase orders totaling more than 1400 electric two-wheelers (low-speed category). These orders support the EV business’s execution and show early market acceptance.
“As part of operational readiness and customer onboarding, a mobile application titled- “Yellow EV” has been made available on the Google Play Store, enabling streamlined user onboarding and workflow support faster scaling, service coordination and improved customer experience. Application “Yellow EV” was released on 13th October,2025 and after all the updation the application is available for all stakeholders w.e.f. 20th February,2026,” said A-1 in a statement.
“The Company believes that the combination of (i) confirmed EV demand visibility, (ii) a scalable rollout framework, positions the subsidiary to strengthen its electric mobility presence in a phased and disciplined manner,” A-1 further confirmed in a regulatory filing.
Financially speaking, A-1 Ltd (A-1 Acid Ltd) recorded net sales of Rs 69.81 crore and net profit of Rs 0.96 crore for the quarter that ended on December 31, 2025 (Q3 FY26).
A-1 Ltd (BSE: 542012) is trading at Rs 25.23 as of 10:45 AM IST on February 27, 2026 reflecting an increase of 4.95% from the previous close. The stock has moved between a low of Rs 25.23 and a high of Rs 25.24 during the session. Trading activity remains robust, with a volume of over 1.31 million shares changing hands so far. The company currently holds a market capitalization of approximately Rs 1,161.04 Cr, reflecting its position after recent corporate actions, including a stock split and bonus issue.
With a P/E ratio of 446.8 and a Price-to-Book (P/B) ratio of 13.15, its valuation seems expensive in comparison to earnings.
Founded in 1975 and headquartered in Ahmedabad, A-1 Limited (previously known as A-1 Acid Limited) is an Indian company that specializes in the marketing, transportation, and wholesale trade of chemicals and acids. It was founded in 1975 as a proprietorship (A-1 Acid & Chemicals), went private in 2004, was listed on the BSE in 2018, and changed its name to A-1 Limited in August 2024.