- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
OLA Electric Mobility Limited has confirmed that there was no deviation in the utilization of funds raised through its Initial Public Offer (IPO) for the quarter and nine months ended December 31, 2024. The total amount raised was ₹5,275.06 Crores, and the Audit Committee has reviewed and approved this statement. This consistent alignment with the original objectives may enhance investor confidence, indicating effective fund management and sustained operational focus. Ultimately, this update presents a positive outlook for shareholders, reflecting the company's commitment to its announced plans and financial accountability.