Home EV News Kato Motors listed on Bombay Stock Exchange after reverse merger.

Kato Motors listed on Bombay Stock Exchange after reverse merger.

Kato Motors, Hyderabad-based electric commercial vehicle manufacturer focused on sustainable mobility solutions, has officially debuted on the Bombay Stock Exchange following the successful completion of its reverse merger with Taza International Limited.

The listing marks a significant milestone for Kato Motors, strengthening its access to the public capital markets as the company accelerates the expansion of its manufacturing operations, electric bus development and commercial EV business across India.

The reverse merger received approval from the National Company Law Tribunal (NCLT), Hyderabad Bench in June 2025, paving the way for the transition of Taja International Limited into Kato Motors Limited, subject to regulatory and stock exchange compliance.

The listing comes as Kato Motors continues to grow its electric commercial mobility business through key initiatives including its Rs 300 crore electric bus manufacturing project in Telangana and the upcoming commercial rollout of its Urbanova KE9 9-metre electric bus platform.

Kato Motors continues to strengthen its technology and manufacturing capabilities through its strategic collaboration with TRON Energy Technology, a Taiwan-based EV technology provider specializing in electric mobility and sustainable transportation systems. Through this collaboration, the company gains access to advanced battery systems, powertrain solutions and chassis engineering technologies for commercial EV platforms.

Commenting on the listing, Mr. Venkatesh Challa, Director, Kato Motors said: “Our BSE debut marks an important milestone in Kato Motors’ journey as we continue to build a scalable electric commercial mobility business in India. This development strengthens our ability to expand manufacturing capabilities, accelerate product innovation and aid the adoption of sustainable transportation solutions across the country. We believe India’s commercial EV sector is entering a transformational phase, and “Kato Motors is well-positioned to make a meaningful contribution to this transformation.”

He further said, “To all our shareholders, I would like to convey that this journey is not only about business growth, but also about contributing to India’s progress. We are committed to harnessing cutting-edge technology, world-class manufacturing capabilities, generating employment and pursuing sustainable mobility solutions that can play a meaningful role in the country’s growth story.”

The company is focused on addressing the growing demand for urban mobility networks from State Transport Undertakings (STUs), institutional fleet operators, employee transport providers and those moving towards zero-emission transport systems.

Kato Motors recently achieved CMVR Type Approval certification for its Urbanova KE9 electric bus and is preparing for commercial deployment in multiple mobility applications. The manufacturing operations are being developed at the company’s integrated facility in Jadcherla, Telangana, which is expected to support advanced electric bus production and future scale expansion.

With India’s commercial EV transformation accelerating, Keto Motors aims to strengthen its position in electric bus manufacturing, fleet mobility solutions and sustainable transportation infrastructure.

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