SRIVARU Holding completes interim audit, gains compliance with Nasdaq listing standards.

From GlobeNewswire.: 2024-11-18 13:45:00

SRIVARU Holding Limited, a manufacturer of premium electric motorcycles, has made progress in gaining compliance with Nasdaq listing standards. The Nasdaq Hearing Panel granted the company’s request for continued listing, allowing SRIVARU additional time to execute its compliance plan. On November 14, 2024, SRIVARU submitted its Interim Audited Financials, showcasing compliance with Nasdaq Capital Market’s shareholder equity requirements. The company is now awaiting the Panel’s response to its submission. CEO Mohanraj Ramasamy emphasized the importance of driving growth by expanding sales, increasing production volume, and strengthening sales team and dealership partnerships. SRIVARU aims to redefine the future of mobility with innovative and sustainable electric motorcycles.



Read more at GlobeNewswire.: SRIVARU Holding Completes the Interim Audit and Advances