In a notable market development, Mauritius-based Minerva Ventures Fund has acquired a stake in A1 Ltd through an open market bulk deal worth ₹11 crore. The transaction comes ahead of the company’s crucial board meeting to consider major corporate actions and an expansion into the electric vehicle (EV) and clean mobility sectors.
On November 7, 2025, Minerva Ventures Fund purchased 66,500 equity shares of A1 Ltd at an average price of ₹1,655.45 per share, amounting to a total value of ₹11 crore. The deal was executed on the BSE under the bulk deal category. Following the transaction, foreign institutional participation in A1 Ltd continues to rise, with FIIs and FPIs collectively increasing their holding from 2.94% in March 2025 to 6.03% in September 2025.
A1 Ltd has scheduled its board meeting on November 14, 2025, to consider a bonus issue of up to 5:1 and a stock split of up to 10:1. The board will also review a potential dividend of up to 50% on paid-up equity capital. These proposals are subject to shareholder and regulatory approvals and could significantly enhance liquidity and investor engagement with the stock.
The company is set to diversify into the EV and clean mobility space, aligning with India’s sustainability goals. It plans to extend the operations of its subsidiary, A1 Sureja Industries, into EV-related verticals, including battery technology, R&D, and charging infrastructure. The subsidiary manufactures battery-operated two-wheelers under the Hurry-E brand, approved by the Automotive Research Association of India (ARAI).
Read More: A-1 Board to Consider 5:1 Bonus, 10:1 Stock Split and EV Expansion!
A1 Ltd has raised its stake in A1 Sureja Industries from 45% to 51% at an enterprise value of ₹100 crore, gaining majority ownership. This move positions A1 Ltd as one of India’s first listed chemical companies to hold a direct stake in an EV manufacturing enterprise. The company aims to blend its five-decade legacy in chemical trading and logistics with future-ready clean mobility operations.
On November 11, 2025, A-1 share price opened at ₹1,824.90 on BSE, above the previous close of ₹1,738.05. The stock is trading at ₹1,824.90 hitting the upper circuit as of 9:27 AM. The stock registered a significant gain of 5.00%.
Over the past week, it has moved up by 9.96%, over the past month, it has moved up by 85.85%, and over the past 3 months, it has moved up by 177.84%.
Minerva Ventures Fund’s ₹11 crore investment in A1 Ltd highlights growing foreign investor interest and confidence in the company’s evolving strategy. With upcoming bonus and split proposals and a strong move into the EV sector, A1 Ltd is entering a new growth phase rooted in innovation and sustainability.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in securities are subject to market risks. Read all related documents carefully before investing.
Published on: Nov 11, 2025, 1:47 PM IST
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