Ola Electric’s Rs 1,000-crore rights issue fully subscribed ahead of closing date

T1Covered by 1 source · first reported by Economic Times — Tech / Technology / Startups / ETTelecom at 28 Oct, 15:19 UTC

The rights issue, which opened on Thursday, will close on October 30. Shareholders could sell or transfer their rights entitlement in the market until October 26. The company finalised the terms of the issue earlier this month, setting the price at Rs 27 per share, a 26% discount to its market…