Ola Electric board approves rights issue at 26 pc discount; shareholders to pay in two calls
viaeconomictimes.indiatimes.com7 Oct
Ola Electric has announced a rights issue price of Rs 27 per share, significantly below its market value, aiming to garner up to Rs 1,000 crore. Investors will pay 60% of this amount upfront, with the remainder due later. Chairman Bhavish Aggarwal intends to fully subscribe to his portion, using a…
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