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    HomeNewsBusinessOla Electric board gives nod to fundraising of up to Rs 1,500 crore

    Ola Electric board gives nod to fundraising of up to Rs 1,500 crore

    The electric two-wheeler maker did not disclose the reasons for raising the funds.

    PTI
    October 25, 2025 / 22:49 IST
    .

    Ola Electric on Saturday said its board has approved raising up to Rs 1,500 crore via an issue of securities.

    The company’s board has considered and approved a proposal for raising funds by issue of shares, or convertible securities including warrants via rights issue, qualified institutional placement, private placement and/ or any other permitted modes under applicable laws for an aggregate consideration of up to Rs 1,500 crore, the Bengaluru-based firm said in a regulatory filing.

    The electric two-wheeler maker did not disclose the reasons for raising the funds.

    PTI
    first published: Oct 25, 2025 10:49 pm

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