Ola Electric Mobility Limited — Others, 22-08-2025: Shareholders meeting

Ola Electric Mobility held its 8th Annual General Meeting, where shareholders approved all proposed resolutions. Key approvals included adopting the audited financial statements for the past financial year and re-appointing a director. Significantly, investors also approved a variation in how initial public offering proceeds will be utilized and extended the timeline for their deployment. This grants the company flexibility in its capital allocation strategy. Additionally, Secretarial Auditors were appointed, and auditor reports contained no adverse remarks. Final voting results will be released soon.