BusinessOla Electric Announces ₹27 Rights Issue at 26% Discount
Ola Electric has announced a rights issue priced at ₹27 per share, offering a 26% discount to the current market price. The company plans to raise up to ₹1,000 crore by issuing 37 million shares. The rights issue opens on October 22, 2026, and closes on October 30, 2026, allowing existing shareholders to increase their holdings.
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