Ola Electric to Raise Rs 1,700 Crore via NCDs; Shares Trade Flat
Shares of Ola Electric Mobility Ltd are trading flat after touching a day’s high of Rs 52.42 on 23rd May, after the firm yesterday (22nd May) said its board approved raising to Rs 1,700 crore via non-convertible debentures (NCDs) or other debt instruments. The funds will be raised in one or more tranches through private…