Ola Electric Mobility Limited
All news and filings related to Ola Electric Mobility Limited.
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Ola Electric Publishes AGM Notice and E-Voting Info in Newspapers
Ola Electric published its 9th AGM notice and e-voting information on September 9, 2026. A board meeting on September 11, 2026, will approve FY26 financial results and consider dividend declaration.
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Ola Electric Announces 9th AGM on Sep 30, 2026, Releases FY26 Annual Report
Ola Electric's 9th AGM is scheduled for September 30, 2026. The company released its FY26 Annual Report, detailing a strategic shift towards profitable growth and improved operational efficiency. FY26 saw revenue of ₹2,253 crore and a reduced loss after tax of ₹775 crore, with gross margins improving to 30.6%.
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Ola Electric Announces 9th AGM on Sep 30, 2026; Annual Report FY26 Released
Ola Electric's 9th AGM is scheduled for September 30, 2026, at 4:30 PM IST via VC/OAVM. The Annual Report for FY 2025-26 is now available online. E-voting will take place from September 27 to September 29, 2026. Shareholders can access reports via a provided weblink.
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Ola Electric Announces 9th AGM on September 30, 2026, Releases FY26 Annual Report
Ola Electric's 9th Annual General Meeting is set for September 30, 2026. The company released its FY26 Annual Report, highlighting a revenue of ₹2,253 crore and a consolidated gross margin of 30.6%. Operating cash flow improved to an outflow of ₹775 crore, and warranty costs significantly decreased. The report also details advancements in cell technology and manufacturing.
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Ola Electric Announces 9th AGM on Sep 30, 2026, via Video Conference
Ola Electric Mobility Limited will hold its 9th Annual General Meeting on September 30, 2026, via video conference. The company will also dispatch its Annual Report for FY2025-26. This is a standard corporate disclosure.
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Ola Electric Board Approves Director Reappointments, Capital Increase, and Fund Raising of ₹1,500 Cr
Ola Electric's board accepted COO resignation. Directors Manoj Kumar Kohli and Shradha Sharma were re-appointed for 5-year terms from Dec 6, 2026. Authorized share capital increased from ₹8,318.49 crore to ₹8,721.87 crore. Board approved raising up to ₹1,500 crore via equity issuance. 9th AGM scheduled for Sep 30, 2026.
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Ola Electric Board Approves Management Changes, Capital Increase, and Fund Raising
Ola Electric's Board approved Mr. Hyun Shik Park's resignation as COO. Mr. Manoj Kumar Kohli and Ms. Shradha Sharma were re-appointed as Independent Directors for five years from Dec 6, 2026. The company will increase its authorized share capital to ₹8,721.87 crore and plans to raise ₹1,500 crore. The 9th AGM is scheduled for Sep 30, 2026.
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Ola Electric Board Approves Director Reappointments, Capital Increase, and ₹1,500 Cr Fundraising
Ola Electric's Board approved re-appointments for Independent Directors Manoj Kumar Kohli and Shradha Sharma for 5-year terms starting Dec 6, 2026. The company will increase authorized share capital from ₹8,318.49 crore to ₹8,721.87 crore. An enabling resolution to raise up to ₹1,500 crore via equity issuance was also passed. The 9th AGM is scheduled for September 30, 2026.
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Ola Electric Board Approves Director Reappointments, Capital Increase, and Fundraise
Ola Electric's Board approved re-appointments of independent directors Manoj Kumar Kohli and Shradha Sharma for five-year terms starting December 6, 2026. The company will increase authorized share capital from ₹8,318.49 crore to ₹8,721.87 crore and aims to raise up to ₹1,500 crore. The 9th AGM is scheduled for September 30, 2026.
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Ola Electric Board Approves Fundraise of ₹1,500 Cr, Reappoints Directors
Ola Electric's Board approved raising up to ₹1,500 crore via equity issuance. Mr. Manoj Kumar Kohli and Ms. Shradha Sharma were reappointed as Independent Directors for five-year terms starting December 6, 2026. The company also increased its authorized share capital and announced its 9th AGM on September 30, 2026.
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Ola Electric Board Approves Director Reappointments, Capital Increase, and Fund Raising
Ola Electric's Board approved the re-appointment of two Independent Directors, Mr. Manoj Kumar Kohli and Ms. Shradha Sharma, for 5-year terms starting December 6, 2026. The company will increase its authorized share capital from ₹8,318.49 crore to ₹8,721.87 crore. An enabling resolution to raise up to ₹1,500 crore was also approved. The 9th AGM is scheduled for September 30, 2026.
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Ola Electric Board Approves Director Reappointments, Capital Hike, and Fundraise
Ola Electric's Board approved reappointments of Manoj Kumar Kohli and Shradha Sharma as Independent Directors for 5 years from Dec 6, 2026. The company will increase authorized share capital to ₹8,721.87 crore and aims to raise up to ₹1,500 crore via equity issuance. The 9th AGM is scheduled for Sep 30, 2026.
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Ola Electric Opens First Dealer Stores Across India, Targets 500+ Footprint
Ola Electric has launched its first dealer-operated stores across Rajasthan, Tamil Nadu, Maharashtra, Bihar, Telangana, Uttar Pradesh, and Madhya Pradesh. The company aims to expand its dealership network to over 500 locations in the next few quarters. This strategic shift follows the opening of its network to partners on August 6, 2026.
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Ola Electric Launches S1Z Scooter at ₹79,999, Featuring Indigenous LFP Technology
Ola Electric has opened bookings for its new S1Z scooter, priced at ₹79,999. It features indigenous Bharat Cell LFP technology and offers a range of up to 301 kms. The company aims to make EVs more accessible by reducing costs through in-house cell manufacturing.
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Ola Electric Authorizes Key Personnel for Materiality Decisions and Disclosures
Ola Electric Mobility Limited has authorized Bhavish Aggarwal (Chairman and MD) and Deepak Rastogi (CFO) to determine materiality and make disclosures to stock exchanges under SEBI regulations. The company will host this information on its website.
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Ola Electric Mobility Announces Resignation of Company Secretary & Compliance Officer
Mr. Abhishek Jain has resigned as Company Secretary and Compliance Officer of Ola Electric Mobility Limited. His resignation is effective August 28, 2026, to pursue new career opportunities. The company has accepted his resignation.
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Ola Electric Secures ₹95.81 Crore PLI-Auto Incentive for FY26-27
Ola Electric has secured ₹95.81 Crore under the PLI-Auto Scheme for FY 2026-27. This is the third consecutive year the company has received such an incentive, highlighting its manufacturing capabilities and contribution to India's EV ecosystem. The funds are for Demand Incentives under the scheme.
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Ola Electric Launches S1Z Scooter Range with Indigenous Bharat Cell LFP Tech
Ola Electric launched the S1Z scooter range with indigenous Bharat Cell LFP technology. The 3.1 kWh variant is priced at ₹79,999 and the 5.1 kWh variant at ₹99,999. Deliveries for the 3.1 kWh variant start in December 2026, and for the 5.1 kWh variant in March 2027.
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Ola Electric Launches S1Z Scooter with Indigenous Bharat Cell LFP Technology at ₹79,999
Ola Electric launched the S1Z scooter with indigenous Bharat Cell LFP technology. Available in 3.1 kWh (₹79,999) and 5.1 kWh (₹99,999) variants, it offers ranges up to 179 km and 301 km respectively. Deliveries begin December 2026 for the 3.1 kWh variant and March 2027 for the 5.1 kWh variant.
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Ola Electric launches S1Z scooter at ₹79,999 with 301 km range
Ola Electric launched the S1Z scooter at ₹79,999, featuring a 301 km IDC range and an in-house developed 46160 LFP Bharat Cell. Deliveries are set to begin in December. The company aims to set a new industry benchmark for affordable electric scooters.
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Ola Electric's CMD hints at major LFP era announcement tomorrow
Ola Electric's CMD hinted at a major announcement regarding their LFP era, scheduled for the morning after the broadcast date. The company's LFP cell is ready, and their Gigafactory is progressing well.
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Ola Electric Launches Full-Stack Energy Storage Portfolio, Shakti Rack & Mahashakti
Ola Electric unveils a full-stack energy storage portfolio, including Shakti Rack and Mahashakti. Home energy storage solution Shakti Gen2 reservations are open at ₹999, with deliveries starting November 2026. Commercial and industrial solutions are slated for March 2027. The company also signed an MoU for up to 20 GWh of storage systems by 2032.
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Ola Electric Launches Battery Energy Storage Systems Portfolio
Ola Electric launched its Battery Energy Storage System (BESS) portfolio on August 15, 2026. The new products include Ola Shakti for residential use, Shakti Rack for commercial/industrial applications, and Mahashakti for utility-scale needs. This launch expands the company's energy solutions offerings.
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Ola Electric Q1 FY27: Revenue ₹455 Cr, Market Share 8.4%, Confident on Profitability
Ola Electric's Q1 FY27 saw revenue climb to ₹455 crore, with a 97% sequential increase in registrations leading to an 8.4% market share. Operating expenses were reduced to ₹333 crore, improving EBITDA to -₹195 crore. The company is expanding its distribution network with new dealerships and advancing its cell technology.
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Ola Electric Secures ₹7,240 Crore PLI Incentives with Extended Timeline to CY2031
Ola Electric's subsidiary secures an extended five-year ACC PLI window through CY2031, unlocking up to ₹7,240 crore in incentives. The company will achieve 6 GWh capacity by quarter-end, ahead of revised timelines. Incentives will be disbursed quarterly starting next quarter.
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Ola Electric to Unveil Next Chapter of Ola Energy on Independence Day, Aug 15
Ola Electric will unveil the next chapter of Ola Energy on August 15, 2026. The company aims to strengthen India's energy ecosystem and independence through indigenous technology development. Announcements will be made via official channels, without an on-ground event.
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Ola Electric Mobility Limited Publishes Q1 FY27 Financial Results
Ola Electric Mobility Limited published its Unaudited Standalone and Consolidated Financial Results for the First Quarter ended June 30, 2026. The results were advertised in Financial Express and Vishwavani newspapers and will be available on the company's website.
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Ola Electric Releases Audio Recording of Q1 FY27 Earnings Conference Call
Ola Electric released the audio recording of its Q1 FY27 earnings conference call held on August 7, 2026. The call discussed the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The recording is available on the company's website.
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Ola Electric Files Monitoring Reports for IPO & QIP Proceeds for Q2 FY27
Ola Electric has submitted monitoring reports for its IPO and QIP proceeds for the quarter ending June 30, 2026. The IPO raised ₹5,500 crore and has seen significant utilization, with ₹817.98 crore unutilized. The QIP, raising ₹780.24 crore, had no utilization during the quarter, leaving the full amount unutilized. Shareholder approvals were obtained for changes in IPO object utilization.
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Ola Electric Mobility Trust Deed Modified Due to Trustee Change
Ola Electric Mobility Limited modified its OEM Employees’ Welfare Trust Deed due to a change in trustees. Mr. Nirajkumar Popatlal Jain has been appointed as the new trustee, replacing Mr. Amit Anchal. The modification is administrative and does not impact employee benefits.
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Ola Electric Q1 FY27 Results: Board Approves Financials, Appoints New Internal Auditor
Ola Electric Mobility Limited's Board approved Q1 FY27 unaudited standalone and consolidated financial results on August 7, 2026. The company reported a consolidated loss of ₹336 crore on total income of ₹484 crore. TRC Corporate Consulting Private Limited was appointed as Internal Auditor for FY27. A qualified review conclusion was noted due to a pending matter with MHI.
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Ola Electric Q1 FY27: Revenue Doubles to ₹455 Cr, Market Share Hits 8.4%
Ola Electric's Q1 FY27 consolidated revenue surged to ₹455 crore, nearly doubling from the previous quarter. The company achieved a 97% QoQ growth in registrations, reaching an 8.4% market share. Operating expenses were reduced by 22% QoQ to ₹333 crore, while maintaining a 30.5% gross margin. Ola Electric also successfully raised ₹780 crore through a Qualified Institutional Placement.
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Ola Electric Q1 FY27 KPI Data Book Released
Ola Electric released its Q1 FY27 KPI Data Book. Q1 FY27 automotive revenue was ₹455 crore. Consolidated revenue was also ₹455 crore. The company reported a consolidated PAT of ₹(336) crore for the quarter. The data book includes key metrics like orders, registrations, and deliveries.
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Ola Electric Q1FY27 Revenue at ₹455 Crore, Up 72% QoQ; Market Share Rises to 8.4%
Ola Electric's Q1 FY27 automotive revenue reached ₹455 crore, a 72% QoQ increase, with market share rising to 8.4%. The company reduced operating expenses to ₹333 crore and secured ₹780 crore through a Qualified Institutional Placement. Expansion into energy storage with the Mahashakti platform and new demand pools for cells are key strategic focuses.
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Ola Electric Q1 FY27: Revenue ₹455 Cr, Registrations Up 97% QoQ, Market Share Hits 8.4%
Ola Electric's Q1 FY27 saw revenue rise to ₹455 crore, up 72% QoQ. Registrations grew 97% QoQ to 44,071 units, boosting market share to 8.4%. Operating expenses decreased 22% QoQ to ₹333 crore. The company raised ₹780 crore via QIP and is expanding into energy storage with the Mahashakti platform launch on August 15.
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Ola Electric Q1 FY27 Results: Net Loss Widens to ₹336 Crore, Appoints TRC Corporate Consulting
Ola Electric reported a consolidated loss of ₹336 crore for Q1 FY27, with revenue at ₹455 crore. Standalone loss before tax was ₹563 crore. The company also appointed TRC Corporate Consulting as Internal Auditor for FY27.
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Ola Electric inks MoU with Axis Energy for 20 GWh energy storage systems
Ola Electric signed an MoU with Axis Energy for potential deployment of up to 20 GWh of battery energy storage systems by 2032. This partnership is for Ola's Mahashakti platform, launching August 15, 2026. Axis Energy has projects totaling over 7,250 MW. Ola's vertically integrated BESS aims for enhanced safety and lower costs.
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Ola Electric Schedules Q1 FY27 Earnings Conference Call for August 7, 2026
Ola Electric will host an Earnings Conference Call on August 7, 2026, at 5:00 PM IST to discuss Q1 FY27 financial results. Management, including Bhavish Aggarwal and Deepak Rastogi, will participate.
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Ola Electric Files Certificate Under SEBI (Depositories and Participants) Regulations, 2018
Ola Electric Mobility Limited has submitted a certificate under SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended June 30, 2026. The RTA, MUFG Intime India Private Limited, confirmed the processing of dematerialised securities. The information will be available on the company's website.
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Ola Electric Clarifies Vendor Disputes, Denies Material Impact
Ola Electric is contesting petitions filed by two vendors, Anevolve Mando E-Mobility and Sterling E-Mobility, who have initiated insolvency proceedings. Ola Electric claims these actions follow its own arbitration proceedings over unresolved warranty and performance concerns. The company denies any material impact on its business or financials.
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Ola Electric Q1 FY26 Registrations Double QoQ to 43,719 Units
Ola Electric registered 43,719 vehicles in Q1 FY26, nearly doubling from 22,252 in Q4 FY25. June 2026 saw 16,144 registrations, the strongest monthly performance in recent quarters. This growth reflects improved retail execution and customer demand.
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Ola Electric: Trading Window Closed from July 1, 2026, for Q1 FY27 Results
Ola Electric's trading window will be closed from July 1, 2026. It will reopen 48 hours after the announcement of the Q1 FY27 financial results for the quarter ending June 30, 2026.
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Ola Electric Secures BIS Certification for Indigenous 46100 LFP Cell
Ola Electric's subsidiary, Ola Cell Technologies, received BIS certification for its indigenously developed LFP 46100 cylindrical cell. This marks Ola Electric as the first Indian company to achieve this for a 46100 format cell. The cell meets stringent safety and performance standards, strengthening India's battery manufacturing capabilities.
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Ola Electric Raises ₹780 Crore via QIP, Allots 21.7 Cr Shares
Ola Electric raised ₹780.24 crore through a Qualified Institutions Placement (QIP). The company allotted 217,578,428 equity shares at ₹35.86 each. The issue opened on June 1, 2026, and closed on June 4, 2026. This fundraising increases Ola Electric's paid-up equity share capital.
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Ola Electric Completes QIP, Raises ₹780 Crore at ₹35.86/Share
Ola Electric successfully closed its QIP on June 4, 2026. The company allocated 217,578,428 equity shares at ₹35.86 per share, raising approximately ₹780 crore. The issue price included a discount to the floor price as per SEBI regulations.
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Ola Electric Approves Qualified Institutions Placement, Sets Floor Price at ₹37.74
Ola Electric's Fund Raising Committee approved a qualified institutions placement (QIP) opening on June 1, 2026. The floor price for the equity shares is set at ₹37.74 per share. The company may offer up to a 5% discount. The trading window remains closed until 48 hours after the issue price determination.
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Ola Electric Mobility Limited Approves Audited Consolidated Financial Statements for FY26
Ola Electric Mobility Limited's Board approved audited consolidated financial statements for FY26 on May 20, 2026. These results, comparative to FY25, require shareholder adoption at the upcoming AGM. The auditor's report highlighted key audit matters and a qualified opinion on internal controls for a subsidiary.
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Ola Electric Registers 15,139 Units in May 2026, Up 23% MoM
Ola Electric registered 15,139 units in May 2026, a 23% month-on-month increase. This marks the third consecutive month of growth, significantly outpacing the industry's 15% rise. The company attributes this momentum to retail strategy adjustments and growing demand for its EV portfolio.
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Ola Electric Q4 FY26 Earnings Call: Focus on Margin Growth and Operational Efficiency
Ola Electric reported strong Q4 FY26 results with gross margins at 38.5% and first-ever operating cash flow positive quarter (₹91 crore). OpEx reduced significantly to ₹428 crore. The company expects Q1 FY27 revenue of ₹500-550 crore with 40,000-45,000 orders. Gigafactory expansion to 6 GWh is underway, supporting future growth in EVs and energy storage solutions.
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Ola Electric Publishes Audited FY26 Financial Results in Newspapers
Ola Electric Mobility Limited has published its audited standalone and consolidated financial results for the quarter and financial year ending March 31, 2026. The results were advertised in The Financial Express and Vishwavani newspapers and will be available on the company's website.
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