Ola Electric board approves Rs 1,000 crore fundraise via rights issue

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

The issue will be offered to eligible shareholders as of a record date, which will be announced later, the filing said. The board is yet to finalize key terms of the issue, including the total number of shares, issue price, timing, and payment terms.