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Ola Electric IPO GMP
January 8, 2025 admin Leave a reply Post Comment

SEBI warning to Ola Electric

The SEBI has issued a stern warning to Ola Electric Mobility Limited for violating disclosure norms by announcing expansion plans on social media before informing stock exchanges.

SEBI sent an administrative warning letter to the electric vehicle manufacturer on January 7, citing multiple violations of listing and disclosure regulations.

The company’s Chairman and CEO Bhavish Aggarwal had posted about plans for a four-fold expansion of company-owned stores on X

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