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Ola Electric Subsidiary to Raise ₹8.77 Billion Via Preferential Shares

The shares will be issued in one or more tranches

October 1, 2025

/ Staff
/ Electric Vehicles
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The board of directors and the shareholders of Ola Electric Technologies, a wholly owned subsidiary of Ola Electric Mobility, have approved a proposal to raise ₹8.77 billion (~$98.92 million) by issuing up to 877.64 million shares to Ola Cell Technologies, another subsidiary.

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Staff

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