Ola Electric to consider fundraise via rights issue at upcoming board meet

3 sources · first seen 21:35 23 Sept · updated 00:17 24 Sept

Shares of Ola Electric will be in focus on Thursday after the company said its board will meet on September 28 to consider a rights issue. The proposed fundraise comes months after the electric two-wheeler maker raised ₹780 crore through a QIP.