ALPHA TRIBE

A-1 LtdImportant, 11-11-2025: Company Update

11-11-2025 | 06:10 pm

A-1 Limited addressed speculative social media messages, confirming its prior disclosure of acquiring a 51% stake in an electric vehicle (EV) business, which includes the ARAI-approved Hurry E-bikes model. The company clarified that while a bonus issue and stock split are proposed, their ratios are not yet finalized or approved by the Board. It denied approving any dividend, having definitive agreements for new battery tech or green energy diversification, or making claims about being debt-free or having high ROCE. A-1 Limited condemned the spread of unauthorized information and will file a cybercrime complaint, emphasizing that all official updates are via stock exchange filings and its website.

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