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OLAELEC Ola Electric Mobility News Story

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Brief: Ola Electric Says Founder Sold Small Portion of Personal Stake to Repay 2.6 Billion Rupee Promoter Loan

Dec 16 (Reuters) - Ola Electric Mobility Ltd OLAE.NS:

OLA ELECTRIC FOUNDER UNDERTOOK ONE-TIME MONETISATION OF A SMALL PORTION OF HIS PERSONAL STAKE TO FULLY REPAY PROMOTER LEVEL LOAN WORTH 2.60 BILLION RUPEES - STATEMENT

Source text: [ID:]

Further company coverage: OLAE.NS

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

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