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Ola Electric Announces Board Changes with New Independent Director Appointment

Story Highlights
  • Ola Electric appointed Mr. Navalur Dattatreya Singh Shashank as a Non-Executive Independent Director.
  • The board approved revised committee compositions following a director’s resignation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ola Electric Announces Board Changes with New Independent Director Appointment

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Ola Electric Mobility Limited ( (IN:OLAELEC) ) has shared an update.

Ola Electric Mobility Limited announced the appointment of Mr. Navalur Dattatreya Singh Shashank as a Non-Executive Independent Director, effective December 5, 2025. This change follows the resignation of Mr. Ananth Sankaranarayanan from the same position. The board also approved a revised composition of its committees, including the Stakeholders Relationship Committee and the Audit Committee. These changes are part of Ola Electric’s ongoing efforts to strengthen its governance and strategic direction, potentially impacting its market position and stakeholder relationships.

More about Ola Electric Mobility Limited

Ola Electric Mobility Limited operates in the electric vehicle industry, focusing on the development and manufacturing of electric mobility solutions. The company aims to revolutionize urban transportation with its range of electric scooters and other electric vehicles, targeting both domestic and international markets.

Average Trading Volume: 2,620,002

Technical Sentiment Signal: Sell

Current Market Cap: 159.3B INR

For a thorough assessment of OLAELEC stock, go to TipRanks’ Stock Analysis page.

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