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Incorporated in December 2018, Tunwal E-Motors Limited specializes in designing, developing, manufacturing, and distributing electric two-wheelers.
Tunwal E-Motors Limited has informed the Exchange about General Updates
Tunwal's board approved a final dividend of Rs. 0.10/share and a preferential issue of 34 lakh warrants at Rs. 30 each, raising Rs. 10.20 Cr from promoters. New statutory auditors were appointed, and MD remuneration was revised.
Tunwal E-Motors posted strong FY26 results: Revenue surged 55% to ₹276.84 Cr, significantly outpacing the overall EV market. PAT rose to ₹12.73 Cr, with EPS at ₹2.21. Growth stemmed from expanding market presence and distribution.
TUNWAL has leased a 11,675 sq ft warehouse in Madhya Pradesh for 5 years to expand its logistics and distribution network. This operational enhancement, with a monthly rent of Rs. 0.014 Cr, will optimize supply chain and regional storage.
Tunwal E-Motors' Board approved a product pricing revision, effective immediately. This change, driven by market conditions and input costs, is expected to impact the company's revenue and profitability. #TUNWAL