Picture of Ola Electric Mobility logo

OLAELEC — Ola Electric Mobility News Story

0.000.00%
in flag iconLast trade - 00:00
Consumer CyclicalsHighly SpeculativeMid CapMomentum Trap

Brief: Ola Electric Clarifies On Report Of Two Suppliers Moving NCLT Over Dues

BRIEF-Ola Electric Clarifies On Report Of Two Suppliers Moving NCLT Over Dues

- Ola Electric Mobility Ltd OLAE.NS:

  • CLARIFIES ON REPORT OF TWO SUPPLIERS MOVING NCLT OVER DUES

  • RAISED PERFORMANCE CONCERNS ON SOME PARTS SUPPLIED BY ANEVOLVE MANDO E-MOBILITY AND STERLING E-MOBILITY SOLUTIONS

  • INITIATED ARBITRATION PROCEEDINGS AGAINST THE VENDORS AND FILED PETITIONS UNDER ARBITRATION AND CONCILIATION ACT

  • ANEVOLVE MANDO AND STERLING E-MOBILITY FILED PETITIONS UNDER INSOLVENCY AND BANKRUPTCY CODE

Source text: [ID:]

Further company coverage: OLAE.NS


((Reuters.Briefs@thomsonreuters.com;;))

Recent news on Ola Electric Mobility

See all news