Ola Electric Mobility Limited has announced a significant change in its senior management team with the resignation of Mr. Vishal Chaturvedi, who served as Business Head - Cell and was designated as Senior Management Personnel (SMP) of the company. The resignation takes effect from the close of business hours on December 31, 2025.

Resignation Details

The company has formally disclosed the management change through a regulatory filing under Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. The disclosure was made to both the National Stock Exchange of India Limited and BSE Limited on December 31, 2025.

Formal Communication

In his resignation letter addressed to Bhavish Aggarwal and copied to other senior leadership members including Harish Abichandani and Lt Cdr Mithil Patkar, Chaturvedi expressed gratitude for the opportunities and experiences during his tenure. He acknowledged the trust, guidance, and support received from colleagues, stakeholders, and the leadership team, describing his journey with the company as fulfilling and professionally rewarding.

Regulatory Compliance

The company has ensured full compliance with regulatory requirements by filing the necessary documentation with stock exchanges. Company Secretary and Compliance Officer Abhishek Jain signed the disclosure documents, confirming adherence to SEBI regulations. The information has also been made available on the company's official website under the investor relations section.

Corporate Information

Ola Electric Mobility Limited, formerly known as Ola Electric Mobility Private Limited, operates with CIN L74999KA2017PLC099619. The company is headquartered in Bengaluru, Karnataka, with its registered address at Wing C, Prestige RMZ Startech, Hosur Road, Koramangala. The company trades on NSE under the symbol OLAELEC and on BSE with scrip code 544225.

The resignation represents a notable change in the company's senior management structure, particularly in the cell business division, as Chaturvedi departs to focus on personal commitments while expressing continued respect and appreciation for the organization.

Ola Electric Mobility has received government certification for its Roadster X+ motorcycle powered by indigenously developed 4680 Bharat Cell battery technology, clearing the path for commercial deliveries. The certification marks a significant milestone as the Roadster X+ becomes India's first electric motorcycle certified with completely in-house developed battery pack technology.

Government Certification and Market Launch

The Roadster X+ (9.1 kWh) has been approved under the Central Motor Vehicle Rules (CMVR), 1989 by the International Centre for Automotive Technology (iCAT), Manesar. With this approval in place, the company will commence deliveries of the Roadster X+, as announced in a filing to the stock exchanges.

Industry-Leading Range Performance

According to the company, the Roadster X+ offers an industry-leading range of up to 500.00 km, enabled by the high energy density and thermal performance of Ola's proprietary 4680 Bharat Cell technology. The extended range is intended to address range anxiety and make electric motorcycling viable beyond metropolitan areas, particularly in Tier-2 and Tier-3 markets where longer travel distances and limited charging infrastructure have constrained electric vehicle adoption.

Comprehensive Testing Standards

The certification process involved rigorous testing protocols mandated by the Ministry of Road Transport and Highways for battery-operated vehicles. The comprehensive validation programme included critical assessments across multiple parameters to validate the motorcycle's performance and safety credentials.

Battery Pack Certification

The 9.1 kWh high energy density battery pack built on Ola Electric's in-house developed 4680 Bharat Cells has received ARAI certification under AIS-156 Amendment 4. The battery pack successfully cleared stringent safety and durability tests, reinforcing the company's focus on battery safety and robustness.

Technology Platform Expansion

With the Roadster X+ approval, Ola Electric has expanded the application of its 4680 Bharat Cell platform across both electric scooters and motorcycles, strengthening its vertically integrated model spanning cells, battery packs, and vehicle platforms. The same battery platform will also underpin Ola Shakti.

"The government certification of the Roadster X+ is a major milestone in Ola Electric's journey towards building end-to-end EV technology in India," an Ola Electric spokesperson said. This development represents a defining step towards accelerating EV adoption in India's motorcycle-dominated two-wheeler market, showcasing the viability of domestic battery technology solutions with superior performance, safety, and reliability.