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News 2026-10-16 15:46 UTC

Ola Electric Seeks ₹1,000 Crore in Rights Issue Amid SEBI Scrutiny

Ola Electric is seeking nearly ₹1,000 crore from shareholders while the company and founder Bhavish Aggarwal face a pending SEBI proceeding over allegedly misleading public disclosures. The rights offer also reveals auditor-flagged deficiencies.