Ola Electric back in fundraising mode, board meeting on September 5
- Ola Electric’s board will meet on September 5 to consider raising fresh funds through permitted routes.
- The company said options could include a private placement and other methods allowed under regulations.
- The proposed fundraise comes just months after Ola Electric raised around ₹780 crore through a QIP in June.
- The company’s board will also consider other matters related to its annual report at the meeting.
Source: economictimes.indiatimes.com
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