Monday, 28 September 2026Updated 13m ago
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Funding and debt● Neutral for Ola Electric Mobility

Ola Electric board approves ₹1,000 crore rights issue

2 sources · first seen 20:45 28 Sept · updated 20:50 28 Sept

The brief

Written from 2 reports · check the source before you trade
  • Board approved a rights issue worth ₹1,000 crore
  • Record date and key terms are yet to be announced
  • The raise may support Ola Electric’s funding needs; shareholders face dilution depending on the issue terms

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Ola Electric Mobility₹37.86 · 2 today

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Read the reports

2 reports · earliest 20:45
Economic TimesOla Electric board approves Rs 1,000 crore fundraise via rights issue20:45Inc42Ola Electric’s Board Approves ₹1,000 Cr Rights Issue20:50