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Ola Electric plans Rs 1,000 Cr rights issue, appoints new compliance officer
Ola Electric is taking steps to strengthen its finances and leadership as competition intensifies in India’s electric two-wheeler market.
Via YourStory
·Excerpt
In a board meeting on September 28, 2026, the Bengaluru-based company approved plans to raise up to Rs 1,000 crore through a rights issue of partly paid-up equity shares with a face value of Rs 10 each, according to a BSE investor filing.
Alongside the fundraising plan, the board appointed Deepa Bansal as the new Company Secretary and Compliance Officer. Bansal has over 11 years of experience in secretarial and governance roles, and has previously worked at Medi Assist Healthcare…
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