Ola Electric Mobility Ltd. , a prominent player in India's electric vehicle market, is set to explore new funding avenues amidst recent corporate developments and controversies. The company's board is scheduled to meet on October 25, 2025, to discuss potential fundraising strategies through various financial instruments.

Fundraising Plans

The Board of Directors of Ola Electric will convene to consider raising funds through the issuance of equity shares or other eligible securities. The company is exploring multiple avenues for this fundraising effort, including:

• Private placement
• Qualified institutions placement (QIP)
• Preferential issue
• Other permissible methods

It's important to note that any fundraising decision will be subject to regulatory and shareholder approvals.

Trading Window Closure

In line with regulatory requirements, Ola Electric has implemented a trading window closure:

This measure is designed to prevent insider trading and ensure fair market practices during sensitive periods.

Recent Controversy

Alongside these corporate actions, Ola Electric is grappling with a recent controversy involving the death of an employee:

• Engineer K Aravind allegedly died by suicide on September 28
• His family has alleged workplace harassment and non-payment of dues
• Ola Electric stated that Aravind never raised complaints during his tenure
• The company clarified that Aravind's role did not involve direct interaction with senior management
• An FIR has been registered in connection with the matter
• Ola Electric has challenged the FIR in the Karnataka High Court, where protective orders have been granted in favor of the company and its officials

As Ola Electric navigates these challenges, the upcoming board meeting and potential fundraising efforts could play a crucial role in shaping the company's future trajectory in the competitive electric vehicle market.

Investors and stakeholders will be keenly watching for the outcomes of the October 25 board meeting and any subsequent announcements regarding the company's fundraising plans and financial position.

Ola Electric Mobility Limited , a prominent player in the electric vehicle sector, has announced a significant corporate action that could shape its future growth trajectory. The company has scheduled a board meeting for October 25, 2025, to deliberate on and potentially approve a proposal for raising funds through various means.

Key Points of the Announcement

• Meeting Date: October 25, 2025
• Purpose: To consider and approve fund-raising proposal
• Potential Methods:
  • Private placement
  • Qualified institutions placement
  • Preferential issue
• Subject to: Regulatory approvals and shareholder consent

Funding Options Under Consideration

The board will explore multiple avenues for raising capital, which may include:

These options provide Ola Electric with flexibility in choosing the most suitable method for their current needs and market conditions.

Trading Window Closure

In line with regulatory requirements, Ola Electric has also announced:

• The trading window for the company's securities has been closed since October 01, 2025
• It will reopen 48 hours after the declaration of financial results

This measure ensures fair trading practices and prevents insider trading during sensitive periods.

Implications for Investors

While the specifics of the fund-raising plan are yet to be determined, this move signals Ola Electric's intent to bolster its financial position. The additional capital could potentially be used for various purposes such as expansion, research and development, or strengthening the company's market position in the competitive electric vehicle industry.

Investors and market watchers will be keenly awaiting the outcome of this board meeting, as it could have significant implications for Ola Electric's future growth strategy and market valuation.

Stakeholders are advised to stay tuned for further updates from the company regarding the decisions made during the upcoming board meeting.