Integrated Filing — IndAS



General information about company
Scrip Code 544225
NSE Symbol OLAELEC
MSEI Symbol NOTLISTED
ISIN INE0LXG01040
Name of company Ola Electric Mobility Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 29-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 26-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Trading of electric 2W chargers and related accessories & products
Start date and time of board meeting 29-May-2025   15:05:00
End date and time of board meeting 29-May-2025   15:43:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-05-22
Indicate Company website link for updated RPT policy of the Company https://www.olaelectric.com/investor-relations/disclosures-under-regulation-46-of-lodr
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
There are no such cases



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 0 30000000
Other income 470000000 1920000000
Total income 470000000 1950000000
2 Expenses
(a) Cost of materials consumed 0 0
(b) Purchases of stock-in-trade 30000000 40000000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 20000000 20000000
(d) Employee benefit expense 30000000 140000000
(e) Finance costs 250000000 920000000
(f) Depreciation, depletion and amortisation expense 0 30000000
(f) Other Expenses
1 Others 370000000 720000000
2 Imapirment losses on financial assets 330000000 480000000
Total other expenses 700000000 1200000000
Total expenses 1030000000 2350000000
3 Total profit before exceptional items and tax -560000000 -400000000
4 Exceptional items 0 0
5 Total profit before tax -560000000 -400000000
6 Tax expense
7 Current tax 0 0
8 Deferred tax 0 0
9 Total tax expenses 0 0
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations -560000000 -400000000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period -560000000 -400000000
17 Other comprehensive income net of taxes 10000000 10000000
18 Total Comprehensive Income for the period -550000000 -390000000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 44110000000 44110000000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 66060000000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -0.13 -0.1
Diluted earnings (loss) per share from continuing operations -0.13 -0.1
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -0.13 -0.1
Diluted earnings (loss) per share from continuing and discontinued operations -0.13 -0.1
24 Debt equity ratio 0.0005 0.0005
25 Debt service coverage ratio 0 0.001
26 Interest service coverage ratio 0 0.006
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 100000000
Capital work-in-progress 0
Investment property 0
Goodwill 60000000
Other intangible assets 110000000
Intangible assets under development 40000000
Biological assets other than bearer plants 0
Investments accounted for using equity method 90100000000
Non-current financial assets
Non-current investments 0
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 420000000
Total non-current financial assets 420000000
Deferred tax assets (net) 0
Other non-current assets 540000000
Total non-current assets 91370000000
2 Current assets
Inventories 0
Current financial asset
Current investments 20000000
Trade receivables, current 50000000
Cash and cash equivalents 340000000
Bank balance other than cash and cash equivalents 18540000000
Loans, current 0
Other current financial assets 5650000000
Total current financial assets 24600000000
Current tax assets (net) 0
Other current assets 470000000
Total current assets 25070000000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 116440000000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 44110000000
Other equity 66060000000
Total equity attributable to owners of parent 110170000000
Non controlling interest
Total equity 110170000000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 3300000000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 0
Total non-current financial liabilities 3300000000
Provisions, non-current 0
Deferred tax liabilities (net) 0
Deferred government grants, Non-current 0
Other non-current liabilities 10000000
Total non-current liabilities 3310000000
Current liabilities
Current financial liabilities
Borrowings, current 2360000000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 260000000
Total Trade payable 260000000
Other current financial liabilities 320000000
Total current financial liabilities 2940000000
Other current liabilities 20000000
Provisions, current 0
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 2960000000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 6270000000
Total equity and liabilites 116440000000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re-measurement of defined benefit liability 10000000 10000000
Total Amount of items that will not be reclassified to profit and loss 10000000 10000000
2 Income tax relating to items that will not be reclassified to profit or loss 0 0
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income 10000000 10000000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax -400000000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 920000000
Adjustments for decrease (increase) in inventories 30000000
Adjustments for decrease (increase) in trade receivables, current 0
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 110000000
Adjustments for decrease (increase) in other non-current assets -390000000
Adjustments for other financial assets, non-current 140000000
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -20000000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -90000000
Adjustments for increase (decrease) in other non-current liabilities -10000000
Adjustments for depreciation and amortisation expense 30000000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 480000000
Adjustments for provisions, current -50000000
Adjustments for provisions, non-current -10000000
Adjustments for other financial liabilities, current -330000000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 1570000000
Adjustments for share-based payments 10000000
Adjustments for fair value losses (gains) 10000000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items -10000000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -750000000
Net cash flows from (used in) operations -1150000000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 20000000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities -1170000000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 46570000000
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 0
Purchase of property, plant and equipment 30000000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 20000000
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 1330000000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -7650000000
Net cash flows from (used in) investing activities -52940000000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 53410000000
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 1980000000
Proceeds from borrowings 0
Repayments of borrowings 410000000
Payments of lease liabilities 0
Dividends paid 0
Interest paid 880000000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 54100000000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -10000000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents -10000000
Cash and cash equivalents cash flow statement at beginning of period 350000000
Cash and cash equivalents cash flow statement at end of period 340000000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 B S R & Co. LLP Yes 31-Jul-2025


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)
Mode of Fund Raising Public Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 09-Aug-2024
Amount Raised 52750600000
Report filed for Quarter ended 31-Mar-2025
Monitoring Agency Applicable
Monitoring Agency Name, if applicable ICRA Limited
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation
Comments of the Audit Committee after review
Comments of the auditors, if any
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Capital expenditure to be incurred by our Subsidiary, OLA Cell Technologies Private Limited (“OCT”) fornthe Project Not Applicable 12276400000 0 0 0
2 Repayment or prepayment, in full or part, of the indebtedness incurred by our Subsidiary, OET Not Applicable 8000000000 0 7349200000 0
3 Investment into research and product development Not Applicable 16000000000 0 1806700000 0
4 Expenditure to be incurred for organic growth initiatives Not Applicable 3500000000 0 975600000 0
5 General corporate purposes Not Applicable 12974200000 0 208700000 0


Signatory Details
Name of signatory Pritam Das Mohapatra
Designation of person Company Secretary and Compliance Officer
Place Bengaluru
Date 29-May-2025




Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Ola Electric Mobility Ltd. Ola Electric Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Sale of goods or services 348000000 NA 51000000 0 0
2 Ola Electric Mobility Ltd. Ola Electric Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Sale of goods or services 125000000 NA 54000000 0 0
3 Ola Electric Mobility Ltd. Ola Electric Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Sale of goods or services 66000000 NA 33000000 0 0
4 Ola Electric Mobility Ltd. Ola Electric Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Sale of goods or services 0 NA 0 0 0
5 Ola Electric Mobility Ltd. Ola Cell Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Sale of goods or services 58000000 NA 22000000 0 0
6 Ola Electric Mobility Ltd. Ola Electric Charging Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Sale of goods or services 120000000 NA 0 0 0
7 Ola Electric Mobility Ltd. Ola Electric Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Reimbursement of Expenditure to OEM 90000000 NA 45000000 0 0
8 Ola Electric Mobility Ltd. Ola Electric Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Reimbursement of Expenditure to OEM 223000000 NA 35000000 0 0
9 Ola Electric Mobility Ltd. Ola Electric Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Reimbursement of Expenditure to OEM 375000000 NA -35000000 0 0
10 Ola Electric Mobility Ltd. Ola Electric Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Reimbursement of Expenditure to OEM 19000000 NA 0 0 0
11 Ola Electric Mobility Ltd. Ola Electric Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Reimbursement of Expenditure to OEM 2000000 NA 0 0 0
12 Ola Electric Mobility Ltd. Ola Electric Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Reimbursement of Expenditure to OEM 76000000 NA 0 0 0
13 Ola Electric Mobility Ltd. Ola Electric Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Reimbursement of Expenditure to OEM 0 NA 25000000 0 0
14 Ola Electric Mobility Ltd. Ola Cell Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Reimbursement of Expenditure to OEM 30000000 NA 3000000 0 0
15 Ola Electric Mobility Ltd. Ola Cell Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Reimbursement of Expenditure to OEM 100000000 NA 0 0 0
16 Ola Electric Mobility Ltd. Ola Electric Charging Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Reimbursement of Expenditure to OEM 500000 NA 0 0 0
17 Ola Electric Mobility Ltd. Ola Electric Charging Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Reimbursement of Expenditure to OEM 25000000 NA 0 0 0
18 Ola Electric Mobility Ltd. Ola Electric Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Reimbursement of Expenditure by OEM 13000000 NA 0 0 0
19 Ola Electric Technologies Private Limited (OET) Ola Cell Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Sale of goods or services 177000000 NA 89000000 0 0
20 Ola Electric Technologies Private Limited (OET) Ola Cell Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Purchase of goods or services 595000000 NA 63000000 0 0
21 Ola Electric Technologies Private Limited (OET) Ola Cell Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Reimbursement of Expenditure by OET 14000000 NA 0 0 0
22 Ola Electric Technologies Private Limited (OET) Ola Cell Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Reimbursement of Expenditure to OET 37000000 NA 0 0 0
23 Ola Electric Technologies Private Limited (OET) Ola Cell Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Reimbursement of Expenditure to OET 294000000 NA 14000000 0 0
24 Ola Electric Technologies Private Limited (OET) Ola Cell Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Reimbursement of Expenditure to OET 140000000 NA 26000000 0 0
25 Ola Electric Technologies Private Limited (OET) Ola Cell Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Reimbursement of Expenditure to OET 5000000 NA 0 0 0
26 Ola Electric Technologies Private Limited (OET) Ola Cell Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Reimbursement of Expenditure to OET 1000000 NA 0 0 0
27 Ola Electric Technologies Private Limited (OET) Ola Electric Charging Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Reimbursement of Expenditure to OET 20000000 NA 0 0 0
28 Ola Electric Technologies Private Limited (OET) Ola Electric Charging Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Reimbursement of Expenditure to OET 15000000 NA 0 0 0
29 Ola Cell Technologies Pvt Ltd. Ola Electric UK Private Limited 100% Subisdiary of OEM B.V Any other transaction Reimbursement of Expenditure to OCT 20000000 NA 0 0 0
30 Ola Electric Mobility Inc Ola Electric UK Private Limited 100% Subisdiary of OEM B.V Interest paid 0 NA 9000000 0 0
31 Ola Electric Mobility Ltd. Krutrim SI Designs Private Limited, India Group Company Purchase of goods or services 500000000 NA -35000000 0 0
32 Ola Electric Mobility Ltd. ANI Technologies Private Limited Group Company Any other transaction Reimbursement of Expenditure by OEM 16000000 NA -7000000 0 0
33 Ola Electric Mobility Ltd. Krutrim SI Designs Private Limited, India Group Company Any other transaction Reimbursement of Expenditure to OEM 261000000 NA -103000000 0 0
34 Ola Electric Technologies Private Limited (OET) Ola Fleet Technologies Private Limited, India Group Company Sale of goods or services 1100000000 NA 0 0 0
35 Ola Electric Technologies Private Limited (OET) Ola Fleet Technologies Private Limited, India Group Company Sale of goods or services 45000000 NA 4000000 0 0
36 Ola Electric Technologies Private Limited (OET) Ola Financial Services Private Limited, India Group Company Sale of goods or services 2142000000 NA 444000000 0 0
37 Ola Electric Technologies Private Limited (OET) ANI Technologies Private Limited Group Company Purchase of goods or services 22000000 NA 7000000 0 0
38 Ola Electric Technologies Private Limited (OET) Careasy (SAMAAH Technologies Private Limited) Group Company Purchase of goods or services 81000000 NA 0 0 0
39 Ola Electric Technologies Private Limited (OET) Geospoc Geospatial Services Private Limited Group Company Purchase of goods or services 40000000 NA 7000000 0 0
40 Ola Electric Technologies Private Limited (OET) ANI Technologies Private Limited Group Company Any other transaction Reimbursement of Expenditure by OET 620000000 NA 328000000 0 0
41 Ola Electric Technologies Private Limited (OET) ANI Technologies Private Limited Group Company Any other transaction Reimbursement of Expenditure by OET 404000000 NA 240000000 0 0
42 Ola Electric Technologies Private Limited (OET) ANI Technologies Private Limited Group Company Any other transaction Reimbursement of Expenditure by OET 196000000 NA 87000000 0 0
43 Ola Electric Technologies Private Limited (OET) ANI Technologies Private Limited Group Company Any other transaction Reimbursement of Expenditure by OET 111000000 NA 47000000 0 0
44 Ola Electric Technologies Private Limited (OET) ANI Technologies Private Limited Group Company Any other transaction Reimbursement of Expenditure by OET 105000000 NA 54000000 0 0
45 Ola Electric Technologies Private Limited (OET) ANI Technologies Private Limited Group Company Any other transaction Reimbursement of Expenditure by OET 90000000 NA 23000000 0 0
46 Ola Electric Technologies Private Limited (OET) ANI Technologies Private Limited Group Company Any other transaction Reimbursement of Expenditure by OET 48000000 NA 31000000 0 0
47 Ola Electric Technologies Private Limited (OET) ANI Technologies Private Limited Group Company Any other transaction Reimbursement of Expenditure by OET 40000000 NA 18000000 0 0
48 Ola Electric Technologies Private Limited (OET) ANI Technologies Private Limited Group Company Any other transaction Reimbursement of Expenditure by OET 472000000 NA 54000000 0 0
49 Ola Electric Technologies Private Limited (OET) Krutrim SI Designs Private Limited, India Group Company Any other transaction Reimbursement of Expenditure by OET 17000000 NA 0 0 0
50 Ola Electric Technologies Private Limited (OET) Krutrim SI Designs Private Limited, India Group Company Any other transaction Reimbursement of Expenditure by OET 1000000 NA 0 0 0
51 Ola Electric Technologies Private Limited (OET) Krutrim SI Designs Private Limited, India Group Company Any other transaction Reimbursement of Expenditure by OET 0 NA 239000000 0 0
52 Ola Electric Technologies Private Limited (OET) Ola Fleet Technologies Private Limited, India Group Company Any other transaction Reimbursement of Expenditure by OET 82000000 NA 0 0 0
53 Ola Electric Technologies Private Limited (OET) Ola Fleet Technologies Private Limited, India Group Company Any other transaction Reimbursement of Expenditure by OET 24000000 NA 2000000 0 0
54 Ola Electric Technologies Private Limited (OET) Ola Financial Services Private Limited, India Group Company Any other transaction Reimbursement of Expenditure by OET 148000000 NA 0 0 0
55 Ola Electric Technologies Private Limited (OET) Ola Financial Services Private Limited, India Group Company Any other transaction Reimbursement of Expenditure by OET 10000000 NA 1000000 0 0
56 Ola Electric Technologies Private Limited (OET) Pisces E services Private Limited, India Group Company Any other transaction Reimbursement of Expenditure by OET 8000000 NA 0 0 0
57 Ola Electric Technologies Private Limited (OET) ANI Technologies Private Limited Group Company Any other transaction Reimbursement of Expenditure to OET 106000000 NA 11000000 0 0
58 Ola Electric Technologies Private Limited (OET) ANI Technologies Private Limited Group Company Any other transaction Reimbursement of Expenditure to OET 3000000 NA 0 0 0
59 Ola Electric Technologies Private Limited (OET) ANI Technologies Private Limited Group Company Any other transaction Reimbursement of Expenditure to OET 60000000 NA 0 0 0
60 Ola Electric Technologies Private Limited (OET) Ola Fleet Technologies Private Limited, India Group Company Any other transaction Reimbursement of Expenditure to OET 15000000 NA 0 0 0
61 Ola Electric Technologies Private Limited (OET) Ola Fleet Technologies Private Limited, India Group Company Any other transaction Reimbursement of Expenditure to OET 53000000 NA 2000000 0 0
62 Ola Electric Technologies Private Limited (OET) Krutrim SI Designs Private Limited, India Group Company Any other transaction Reimbursement of Expenditure to OET 19000000 NA 3000000 0 0
63 Ola Electric Technologies Private Limited (OET) Krutrim SI Designs Private Limited, India Group Company Any other transaction Reimbursement of Expenditure to OET 60000000 NA 14000000 0 0
64 Ola Cell Technologies Pvt Ltd. Krutrim SI Designs Private Limited, India Group Company Purchase of goods or services 0 NA 23000000 0 0
65 Ola Cell Technologies Pvt Ltd. ANI Technologies Private Limited Group Company Any other transaction Reimbursement of Expenditure by OCT 6000000 NA 3000000 0 0
66 Ola Electric Mobility Inc., USA Ola USA Inc. Group Company Interest paid 8000000 NA 0 0 0
67 Ola Electric Mobility Inc., USA ANI Technologies Private Limited Group Company Any other transaction Reimbursement of Expenditure to OEM Inc. 39000000 NA 3000000 0 0
68 Ola Electric Mobility Inc., USA Krutrim SI Designs Private Limited, India Group Company Any other transaction Reimbursement of Expenditure to OEM Inc. 226000000 NA 0 0 0
69 Ola Electric Mobility Ltd. Ananth Shankaranarayana Director Any other transaction Director's sitting fee 2200000 NA 400000 0 0
70 Ola Electric Mobility Ltd. Manoj kumar Kohli Director Any other transaction Director's sitting fee 3200000 NA 800000 0 0
71 Ola Electric Mobility Ltd. Shradha Sharma Director Any other transaction Director's sitting fee 3400000 NA 900000 0 0
72 Ola Electric Mobility Ltd. TVG Krishnamurthy Director Any other transaction Director's sitting fee 3100000 NA 700000 0 0
73 Ola Electric Mobility Ltd. Arun Sarin Director Any other transaction Director's sitting fee 2100000 NA 300000 0 0
74 Ola Electric Mobility Ltd. Ananth Shankaranarayana Director Any other transaction Director's sitting fee 5000000 NA 2500000 0 0
75 Ola Electric Mobility Ltd. Manoj kumar Kohli Director Any other transaction Director's sitting fee 5000000 NA 2500000 0 0
76 Ola Electric Mobility Ltd. Shradha Sharma Director Any other transaction Director's sitting fee 5000000 NA 2500000 0 0
77 Ola Electric Mobility Ltd. Ola Electric Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Corporate guarantee NA -2300000000 19000000000 16700000000
78 Ola Electric Mobility Ltd. Ola Cell Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Corporate guarantee NA 2144000000 6226000000 8370000000
79 Ola Electric Mobility Ltd. Ola Electric Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Interest received NA -183500000 184100000 600000
80 Ola Electric Mobility Ltd. Ola Cell Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Interest received NA 0 0 0
81 Ola Electric Mobility Ltd. Ola Electric Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Guarantee commission receivable NA 48400000 253700000 302100000
82 Ola Electric Mobility Ltd. Ola Cell Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Guarantee commission receivable NA -18200000 18200000 0
83 Ola Electric Mobility Ltd. Ola Electric Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Trade Receivables NA -825600000 825600000 0
84 Ola Electric Mobility Ltd. Ola Cell Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Trade Receivables NA -52400000 52400000 0
85 Ola Electric Mobility Ltd. Ola Fleet Technologies Private Limited, India Group Company Any other transaction Trade Receivables NA 0 52400000 52400000
86 Ola Electric Mobility Ltd. Ola Electric Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Trade Payables NA -13000000 13800000 800000
87 Ola Electric Mobility Ltd. Ola Electric Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Other Financial Liabilities NA -100000 30900000 30800000
88 Ola Electric Mobility Ltd. ANI Technologies Private Limited Group Company Any other transaction Other Financial Liabilities NA -7400000 50100000 42700000
89 Ola Electric Mobility Ltd. Ola Fleet Technologies Private Limited, India Group Company Any other transaction Other Financial Liabilities NA -100000 39400000 39300000
90 Ola Electric Mobility Ltd. Ola USA Inc. Group Company Any other transaction Other Financial Liabilities NA 0 0 0
91 Ola Electric Mobility Ltd. Pisces E services Private Limited Group Company Any other transaction Other Financial Liabilities NA 0 0 0
92 Ola Electric Mobility Ltd. Krutrim SI Designs Private Limited Group Company Any other transaction Other Financial Liabilities NA -34500000 34500000 0
93 Ola Electric Mobility Ltd. Ola Financial Services Private Limited, India Group Company Any other transaction Other Financial Liabilities NA -26200000 62100000 35900000
94 Ola Electric Mobility Ltd. Ola Electric Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Other Financial Assets NA -876100000 4143200000 3267100000
95 Ola Electric Mobility Ltd. Ola Electric Mobility B.V 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Other Financial Assets NA 0 9400000 9400000
96 Ola Electric Mobility Ltd. Ola Electric Charging Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Other Financial Assets NA -25500000 25900000 400000
97 Ola Electric Mobility Ltd. Ola Cell Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Other Financial Assets NA -550700000 554500000 3800000
98 Ola Electric Mobility Ltd. Ola Financial Services Private Limited, India Group Company Any other transaction Other Financial Assets NA 0 200000 200000
99 Ola Electric Mobility Ltd. ANI Technologies Private Limited Group Company Any other transaction Other Financial Assets NA 0 245700000 245700000
100 Ola Electric Mobility Ltd. Ola Fleet Technologies Private Limited, India Group Company Any other transaction Other Financial Assets NA 0 9100000 9100000
101 Ola Electric Mobility Ltd. Pisces E services Private Limited Group Company Any other transaction Other Financial Assets NA 0 100000 100000
102 Ola Electric Mobility Ltd. Krutrim SI Designs Private Limited Group Company Any other transaction Other Financial Assets NA -102600000 121500000 18900000
103 Ola Electric Mobility Ltd. OEM Trust Group Company Any other transaction Other Financial Assets NA -2500000 2500000 0
104 Ola Electric Technologies Private Limited Ola Fleet Technologies Private Limited, India Group Company Any other transaction Trade Receivables NA -1638300000 1638300000 0
105 Ola Electric Technologies Private Limited Ola Cell Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Trade Payables NA 74500000 87900000 162400000
106 Ola Electric Technologies Private Limited ANI Technologies Private Limited Group Company Any other transaction Trade Payables NA 1200000 15200000 16400000
107 Ola Electric Technologies Private Limited Ola Fleet Technologies Private Limited, India Group Company Any other transaction Trade Payables NA -61000000 61000000 0
108 Ola Electric Technologies Private Limited Geospoc Geospatial Services Private Limited Group Company Any other transaction Trade Payables NA 7700000 19200000 26900000
109 Ola Electric Technologies Private Limited Krutrim SI Designs Private Limited Group Company Any other transaction Trade Payables NA 239300000 0 239300000
110 Ola Electric Technologies Private Limited Ola Electric Mobility Inc. 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Other Financial Liabilities NA -3200000 3200000 0
111 Ola Electric Technologies Private Limited Ola Electric UK Private Limited 100% Subisdiary of OEM B.V Any other transaction Other Financial Liabilities NA 10800000 4200000 15000000
112 Ola Electric Technologies Private Limited Ola Electric Mobility B.V 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Other Financial Liabilities NA -17600000 17600000 0
113 Ola Electric Technologies Private Limited Ola Cell Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Other Financial Liabilities NA -2100000 104800000 102700000
114 Ola Electric Technologies Private Limited ANI Technologies Private Limited Group Company Any other transaction Other Financial Liabilities NA -1582200000 3536000000 1953800000
115 Ola Electric Technologies Private Limited Ola Financial Services Private Limited, India Group Company Any other transaction Other Financial Liabilities NA -25700000 52600000 26900000
116 Ola Electric Technologies Private Limited Pisces E services Private Limited Group Company Any other transaction Other Financial Liabilities NA 400000 3200000 3600000
117 Ola Electric Technologies Private Limited Ola Fleet Technologies Private Limited, India Group Company Any other transaction Other Financial Liabilities NA -553800000 2318000000 1764200000
118 Ola Electric Technologies Private Limited Krutrim SI Designs Private Limited Group Company Any other transaction Other Financial Liabilities NA 3400000 14700000 18100000
119 Ola Electric Technologies Private Limited Etergo BV, Netherlands 100% Subisdiary of OEM B.V Any other transaction Other Financial Assets NA -300000 300000 0
120 Ola Electric Technologies Private Limited Ola Electric Charging Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Other Financial Assets NA -25400000 29600000 4200000
121 Ola Electric Technologies Private Limited Ola Cell Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Other Financial Assets NA 141400000 1885500000 2026900000
122 Ola Electric Technologies Private Limited ANI Technologies Private Limited Group Company Any other transaction Other Financial Assets NA -38400000 121900000 83500000
123 Ola Electric Technologies Private Limited Ola Financial Services Private Limited, India Group Company Any other transaction Other Financial Assets NA -213500000 2067900000 1854400000
124 Ola Electric Technologies Private Limited Pisces E services Private Limited Group Company Any other transaction Other Financial Assets NA 700000 8000000 8700000
125 Ola Electric Technologies Private Limited Ola Fleet Technologies Private Limited, India Group Company Any other transaction Other Financial Assets NA -476900000 540200000 63300000
126 Ola Electric Technologies Private Limited Krutrim SI Designs Private Limited Group Company Any other transaction Other Financial Assets NA 17700000 20400000 38100000
127 Ola Electric Technologies Private Limited Goddard Technical Solutions Pvt Ltd Group Company Any other transaction Other Financial Assets NA 0 700000 700000
128 Ola Electric Technologies Private Limited Ola Stores Technologies Private Limited Group Company Any other transaction Other Financial Assets NA 0 200000 200000
129 Ola Electric Technologies Private Limited Ola Electric UK Private Limited 100% Subisdiary of OEM B.V Any other transaction Other Financial Assets NA -200000 200000 0
130 Ola Cell Technologies Private Limited Krutrim SI Designs Private Limited Group Company Any other transaction Trade Payables NA 22900000 0 22900000
131 Ola Cell Technologies Private Limited Ola Financial Services Private Limited, India Group Company Any other transaction Other Financial Assets NA 0 200000 200000
132 Ola Cell Technologies Private Limited ANI Technologies Private Limited Group Company Any other transaction Other Financial Assets NA 0 900000 900000
133 Ola Cell Technologies Private Limited Krutrim SI Designs Private Limited Group Company Any other transaction Other Financial Assets NA 8400000 0 8400000
134 Ola Cell Technologies Private Limited Ola Electric Mobility B.V 100% Subsidiary of Ola Electric Mobility Ltd. Any other transaction Other Financial Liabilities NA -3000000 3000000 0
135 Ola Cell Technologies Private Limited Ola Electric UK Private Limited 100% Subisdiary of OEM B.V Any other transaction Other Financial Liabilities NA -12500000 12500000 0
136 Ola Cell Technologies Private Limited ANI Technologies Private Limited Group Company Any other transaction Other Financial Liabilities NA 3400000 2900000 6300000
137 Ola Cell Technologies Private Limited Krutrim SI Designs Private Limited Group Company Any other transaction Other Financial Liabilities NA 800000 0 800000
138 Ola Electric Mobility Inc ANI Technologies Private Limited Group Company Any other transaction Other Financial Assets NA 3000000 18600000 21600000
139 Ola Electric Mobility Inc Krutrim SI Designs Private Limited Group Company Any other transaction Other Financial Assets NA 5800000 273700000 279500000
140 Etergo Operations B.V, Netherlands Ola Electric Mobility B.V 100% Subisdiary of OEM B.V Any other transaction Other Financial Assets NA 33700000 1269700000 1303400000
141 Ola Electric Mobility Ltd. Bhavish Aggarwal Chairman & Managing Director Remuneration 90000000 NA 45000000 0 0
142 Ola Electric Mobility Ltd. Harish Abichandani Chief Financial Officer Remuneration NA 39000000 0 0
143 Ola Electric Technologies Pvt Ltd. Nikhil Gupta Whole Time Director Remuneration NA 700000 0 0
144 Ola Electric Technologies Pvt Ltd. Ginni Singhal Company Secretary Remuneration NA 2100000 0 0
145 Ola Cell Technologies Pvt Ltd. Vishal Mahendra Chaturvedi Director Remuneration NA 22600000 0 0
146 Ola Electric Mobility Ltd. Ola Electric Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Investment NA 15205000000 52572000000 67780000000 Investment 0 Not Applicable Unsecured General business and corporate purpose
147 Ola Electric Mobility Ltd. Ola Electric Charging Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Investment NA 66000000 20000000 90000000 Investment 0 Not Applicable Unsecured General business and corporate purpose
148 Ola Electric Mobility Ltd. Ola Cell Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Investment NA 612000000 18588900000 19200000000 Investment 0 Not Applicable Unsecured General business and corporate purpose
149 Ola Electric Mobility Ltd. Ola Electric Mobility B.V 100% Subsidiary of Ola Electric Mobility Ltd. Investment NA 66000000 3165400000 3230000000 Investment 0 Not Applicable Unsecured General business and corporate purpose
150 Ola Electric Mobility Ltd. Ola Electric Mobility Inc. 100% Subsidiary of Ola Electric Mobility Ltd. Investment NA 302000000 586600000 890000000 Investment 0 Not Applicable Unsecured General business and corporate purpose
151 Ola Electric Mobility B.V. Netherlands Etergo BV, Netherlands 100% Subisdiary of OEM B.V Investment NA -1000000 288600000 290000000 Investment 0 Not Applicable Unsecured General business and corporate purpose
152 Ola Electric Mobility B.V. Netherlands Ola Electric UK Private Limited 100% Subisdiary of OEM B.V Investment NA 261000000 1461700000 1720000000 Investment 0 Not Applicable Unsecured General business and corporate purpose
153 Ola Electric Mobility Ltd. Ola Electric Technologies Private Limited 100% Subsidiary of Ola Electric Mobility Ltd. Loan NA -489000000 489200000 0 Loan 0.105 10.5 Year Unsecured General business and corporate purpose
154 Ola Electric Mobility Inc Ola USA Inc. Group Company Loan NA -1000000 3400000 3000000 Loan 0.084 1 Year Unsecured General business and corporate purpose
155 Ola Electric Mobility Inc Ola Electric UK Private Limited 100% Subisdiary of OEM B.V Loan NA -72000000 138700000 66700000 Loan 0.042 6 months Unsecured General business and corporate purpose
156 Ola Electric Mobility Ltd. Pritam Das Mohapatra Company Secretary Remuneration NA 900000 0 0
157 Ola Electric Technologies Pvt Ltd. Punit Khandelwal Whole Time Director & CFO Remuneration NA 4700000 0 0
Total value of transaction during the reporting period 11103600000