Ola Electric Mobility Ltd. is scheduled to consider a proposal for a rights issue at its board meeting on September 28. The company has not yet disclosed the size, pricing or specific utilisation of the proposed issue, which will remain subject to board and regulatory approvals.
The proposed fundraising follows an earlier board approval to raise up to Rs.1,500 crore through equity-linked routes. Ola Electric had already raised around Rs.780 crore through a QIP in June 2026, and the company is now considering the rights-issue route for additional capital.
