BusinessPhoto: NDTV BusinessOla Electric Shares Drop 3% After Rights Issue Ex-Date
Ola Electric Mobility shares fell about 3% on October 13 as the stock went ex-rights for its equity rights issue. The company plans to raise nearly Rs 1,000 crore by issuing shares at Rs 27 each, a 26% discount. The rights issue opens October 22 and closes October 30. Proceeds will fund debt repayment, organic growth, and corporate purposes.
NDTV Business·


