Archive · 23 Sep 2026

Ola Electric May Consider Rights Issue Fundraising at Board Meeting

Ola Electric May Consider Rights Issue Fundraising at Board Meeting

Ola Electric may try to raise more money.

Its board will discuss this at a meeting on September 28.

The possible fundraising method is called a rights issue.

In a rights issue, existing shareholders may be offered a chance to buy more shares.

The company makes electric two-wheelers.

Its shares may receive attention on Thursday.

Ola Electric already raised ₹780 crore through a QIP.

The board has not yet been reported as approving the new fundraising.

Sources