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Ola Electric Mobility Limited files draft letter of offer for rights issue in October 2026

Ola Electric Mobility Ltd · Automobiles

What the filing says

  • Rights issue documents certified by independent directors Shradha Sharma, Manoj Kumar Kohli, and Krishnamurty Venugopala Tenneti dated October 7, 2026
  • Outstanding SEBI show cause notice dated April 10, 2026 alleging misleading disclosures on store expansions and sales; settlement application pending since June 8, 2026
  • Rights equity shares offered only to eligible shareholders excluding US persons; application rejection criteria include lack of registered Indian address or US involvement

Original filing

Submission Of Letter Of Offer For Rights Issue Of Partly Paid-Up Equity Shares Of Ola Electric Mobility Limited

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.