Zelio E Mobility Appoints Divyanshu Agarwal as Chief Executive Officer

Zelio E Mobility Appoints Divyanshu Agarwal as Chief Executive Officer​

Zelio E Mobility Ltd., a manufacturer and assembler of Electric Scooters, Bikes, and E-Rickshaws, has appointed Mr. Divyanshu Agarwal as its Chief Executive Officer (CEO). The appointment, approved by the company’s Board of Directors, is effective from April 15, 2026.

Mr. Divyanshu Agarwal, a Chartered Accountant, brings diverse experience across finance, strategy, business growth, and technology to the role.

The board’s approval for the appointment was based on the recommendation of the Nomination and Remuneration Committee.

Professional Background​

Mr. Agarwal has been associated with NaviLimited since November 2021. In his current capacity, he has served as the head of the UPI Business team since October 2024. His tenure at NaviLimited has involved driving business growth, executing strategic partnerships, and enhancing operational efficiencies.

Prior to his current roles, he worked closely with the Founder & Chairman on strategic cross-functional projects spanning business, finance, product, HR, and legal functions. He also contributed to Navi's DRHP process and private equity fund raise initiatives.

Academically, Mr. Agarwal holds a B.Com (Hons.) degree from St. Xavier's College, Kolkata. He completed his articleship with Price Waterhouse Chartered Accountants (PwC), Kolkata, where he handled statutory audits of large listed companies.

Zelio E Mobility Ltd. was formerly known as Zelio Auto Private Limited. The company operates manufacturing and assembling units for electric scooters, bikes, and e-rickshaws.

Stock Price Movement​

Zelio E Mobility Ltd shares settled at ₹416.25 at the close of trade today, marking a notable gain of 4.99%. The stock remained completely locked throughout the trading day, bouncing flatly between ₹416.25 and ₹416.25.

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