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The latest announcement is out from Ola Electric Mobility Limited ( (IN:OLAELEC) ).
Ola Electric Mobility Limited has announced the creation of a pledge over 10,71,70,404 equity shares, representing 2.43% of the company’s equity share capital and 8.09% of the promoter shares. This pledge replaces a previous non-disposal undertaking to secure debentures issued by Krutrim Data Centre Private Limited. The transition may temporarily result in dual encumbrance records until the non-disposal undertaking is fully released, impacting stock exchange records.
More about Ola Electric Mobility Limited
Ola Electric Mobility Limited operates in the electric mobility industry, focusing on the development and production of electric vehicles. The company is committed to advancing sustainable transportation solutions and holds a significant position in the electric vehicle market.
Average Trading Volume: 21,328,359
Technical Sentiment Signal: Buy
Current Market Cap: 265.4B INR
See more data about OLAELEC stock on TipRanks’ Stock Analysis page.