Delta Autocorp Limited — Important, 08-04-2025: Updates

Delta Autocorp Limited has incorporated a wholly owned subsidiary, Electrofine Motors Pvt Ltd, which will focus on the automotive sector, specifically in electric vehicles. This strategic move aims to establish Company Owned, Company Operated (COCO) outlets in high-potential markets to enhance customer experience and drive profitability through vertical integration. By owning 100% of the shares, Delta is set to capture higher margins, aligning with its growth strategy. The acquisition was executed at face value per share, with the approval from the Ministry of Corporate Affairs formalized through a Certificate of Incorporation. This development positions Delta to leverage emerging opportunities within the electric vehicle segment and suggests a positive outlook for future growth.