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544225

Ola Electric Mobility Limited

OLAELEC

NOTLISTED

INE0LXG01040

New

Acquisition (including agreement to acquire)

true

2026-05-15

01:22:00

2026-05-16

Ola Electric Mobility Limited

Material Subsidiary

Ola Cell Technologies Private Limited

730000000

1920000000

16700000000

false

true

OCT is engaged in the business of manufacturing, processing, assembling, export, selling, repairing and distribution of batteries/ cell

The fund infusion by the Company in OCT is to support its business requirements.

true

Indicative time period for completion of investment in OCT is on or before May 14, 2027.

Cash

5000000000

Cash consideration

5000000000

Brief background: OCT is engaged in the business of manufacturing, processing, assembling, export, selling, repairing and distribution of batteries/ cell. Incorporation Date: July 05, 2022 Country in which it has presence: India

2022-07-05

2022-2023

200000

2023-2024

39700000

2024-2025

730000000

India