Keto Motors has officially debuted on the Bombay Stock Exchange following the successful completion of its reverse merger with Taaza International Limited, marking a significant milestone in the company’s expansion within India’s commercial electric mobility sector. The Hyderabad-based electric commercial vehicle manufacturer is now listed on the exchange under the symbol KETOMOTORS 537392. The listing strengthens the company’s access to public capital markets as it accelerates investments in manufacturing capacity, electric bus development and commercial EV deployment across the country.
The reverse merger transaction received approval from the National Company Law Tribunal, Hyderabad Bench, in June 2025, enabling the transition of Taaza International Limited into Keto Motors Limited subject to regulatory and exchange compliance requirements. Keto Motors has been actively expanding its commercial electric mobility business through several strategic initiatives, including a ₹300 crore electric bus manufacturing project in Telangana and the upcoming commercial rollout of its Urbanova KE9 nine-metre electric bus platform.
The company is also strengthening its technology capabilities through a strategic partnership with TRON Energy Technology, which specializes in electric mobility and sustainable transportation systems. The collaboration provides access to advanced battery technologies, electric powertrain systems and chassis engineering solutions for commercial EV applications.
Venkatesh Challa, Director of Keto Motors, said the BSE listing marks an important phase in the company’s journey toward building a scalable commercial electric mobility business in India. He noted that the public listing will support expansion of manufacturing operations, accelerate product development and strengthen the company’s role in advancing sustainable transportation solutions.
He further stated that the company remains focused not only on business growth but also on contributing to India’s broader economic and environmental goals through technology development, manufacturing expansion, employment generation and clean mobility adoption. Keto Motors is targeting growing demand from State Transport Undertakings, institutional fleet operators, employee transportation providers and urban mobility networks transitioning toward zero-emission transportation systems.
The company recently secured CMVR Type Approval certification for its Urbanova KE9 electric bus platform and is preparing for commercial deployment across multiple transportation applications. Manufacturing operations are being developed at its integrated production facility in Jadcherla, Telangana, which is expected to support future scaling of electric bus manufacturing.
Founded in 2018, Keto Motors develops electric mobility solutions engineered for Indian operating conditions and urban transportation requirements. The company’s manufacturing and engineering operations comply with ICAT and ARAI standards, supporting reliability, safety and performance across its commercial EV portfolio. As India’s electric commercial vehicle market continues to expand, Keto Motors aims to strengthen its position through investments in manufacturing, technology innovation and zero-emission transportation infrastructure.
