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News 2026-09-28 16:21 UTC

Ola Electric seeks up to ₹1,000 crore from shareholders through rights issue

Ola Electric Mobility’s board has approved a rights issue of partly paid-up equity shares to raise up to ₹1,000 crore, subject to regulatory and statutory approvals.The issue will be open to eligible shareholders as on a record date, which will be announced later.The company said the shares will ha…