OLAELEC

- Approval from its Board for the third tranche of allotment of 10 crore non-cumulative, non-participating,

- Approval from its Board for the third tranche of allotment of 10 crore non-cumulative, non-participating, The company’s subsidiary, Ola Electric Technologies, has received approval from its Board for the third tranche of allotment of 10 crore non-cumulative, non-participating, 0.001% Series A Optionally Convertible Redeemable Preference Shares (OCRPS), worth Rs 100 crore, to subsidiary Ola Cell Technologies, on a preferential basis through private placement. Stock to keep on radar All this is for information. This is not a buy/sell recommendation. Thank you, Technofunda24