Ola Electric to open Rs 1,000 Cr rights issue on October 22

T2Covered by 1 source · first reported by Entrackr at 07 Oct, 13:58 UTC

Electric two wheeler maker Ola Electric will open its Rs 1,000 crore rights issue on October 22. The issue will close on October 30, 2026. The company will issue 37.03 crore partly paid up equity shares at Rs 27 per share. This includes a premium of Rs 17 per share. The issue will raise Rs 999.74…