Welcome to our dedicated page for Srivaru Holding Ord Shs news (Ticker: SVMH), a resource for investors and traders seeking the latest updates and insights on Srivaru Holding Ord Shs stock.
SRIVARU Holding Limited (SVMH) is a Cayman Islands exempted company whose operating focus is the design and manufacture of premium electric motorcycles in India through its subsidiary, SRIVARU Motor Private Ltd. The SVMH news feed on Stock Titan aggregates company-issued press releases and market updates so readers can follow developments in its electric two-wheeler business and capital markets activity.
News about SRIVARU often centers on its PRANA 2.0 electric motorcycle platform, including the PRANA Grand and PRANA Elite models. The company has announced milestones such as commencement of customer deliveries, CMVR certification from Indian authorities, and expansion into new regions like the state of Kerala via joint dealership arrangements. These updates highlight product performance, safety and connectivity features, and the company’s efforts to build out its distribution footprint in India’s electric two-wheeler market.
Investors can also use the SVMH news page to track capital markets and regulatory updates. SRIVARU has issued releases about its underwritten public offerings of units consisting of ordinary shares and warrants, its 50-for-1 reverse share split intended to address Nasdaq minimum bid price requirements, and its interactions with Nasdaq regarding continued listing and potential delisting. The company has additionally disclosed a legal claim by Sabby Volatility Warrant Master Fund Ltd. related to warrant exercises, which may be material for shareholders monitoring risk and dilution.
By reviewing the SVMH news stream, readers can follow how SRIVARU communicates its strategy, product roadmap, manufacturing progress, dealership expansion, and listing-status developments. Bookmark this page to access a chronological view of company announcements and to see how SRIVARU describes its role in India’s premium electric motorcycle segment over time.
SRIVARU Holding (Nasdaq: SVMH; SVMHW), a provider of premium electric motorcycles, announced it will hold an Extraordinary General Meeting of Shareholders on June 27, 2024. The board set the record date for eligibility to vote at the meeting as June 3, 2024. Relevant materials, including a notice, proxy statement, and proxy card, are available on the company’s website.
SRIVARU Holding (Nasdaq: SVMH; SVMHW), a provider of premium electric motorcycles, is set to present at the Spring MicroCap Rodeo Conference on June 6, 2024, in New York City.
The presentation will be led by CEO Mohanraj Ramasamy and CFO Adron Leow at 11:30 a.m. Eastern Time. It will be webcast live and accessible on SRIVARU’s investor relations website.
Management will also hold 1-on-1 meetings with approved investors during the conference. For more information and registration, visit the MicroCap Rodeo website.
SRIVARU Holding announced the completion of a new manufacturing facility in Coimbatore, India, geared towards electric motorcycles. The state-of-the-art facility can initially produce 2,000 units of the PRANA 2.0 model monthly, with a potential to upscale to over 4,000 units. Featuring an automated testing line, the production cycle—from start to final testing—takes just 12 minutes. The facility is equipped for efficiency and potential expansion to support up to 50,000 units annually. SRIVARU aims to capitalize on India's burgeoning EV market, projected to hit $36 billion by 2027, with the EV segment expected to represent up to 50% by 2030.
SRIVARU (SVMH), a premium electric motorcycle provider, announced that CEO Mohan Ramasamy discussed the company's latest developments in an interview with Proactiveinvestors.com. The focus was on the successful internal testing of the PRANA 2.0 electric motorcycle, which has now been submitted for final certification by road and safety authorities. Additionally, the company's supply network is fully prepared to commence production upon certification. The interview is available on ProactiveInvestors.com and their YouTube channel.
SRIVARU Holding (Nasdaq: SVMH; SVMHW) announced the successful completion of EMC/EMI testing for its flagship electric motorcycle, PRANA 2.0.
This milestone is critical in meeting the Central Motor Vehicles Rules (CMVR) regulatory requirements, ensuring the vehicle's electromagnetic emissions and susceptibility comply with standards. CEO Mohanraj Ramasamy emphasized the company's dedication to high-quality, compliant electric vehicles.
PRANA 2.0 features smart riding capabilities, unlimited GPS connectivity, a proprietary braking system, and a 4-mode driving option. This step brings SRIVARU closer to launching the PRANA 2.0, strengthening its market position in the evolving EV sector.
SRIVARU Holding (SVMH) has completed the production model of its PRANA 2.0 electric motorcycle, with internal testing finalized and the vehicle submitted for road and safety certification. The company has established its complete supply chain network for production post-certification. The PRANA 2.0 is expected to have a 20% longer driving range compared to its predecessor, offering users up to 250km on a single charge. SRIVARU is focused on precision engineering, quality control, and sustainability, with an emphasis on innovation in the premium electric vehicle market.
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