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The Economic Times
The Economic Times
Business
Debaroti Adhikary

OIa Electric rights issue: Last day to buy EV scooter maker’s shares to be eligible for Rs 1,000 crore rights issue

Ola Electric Mobility has fixed October 13 as the record date for its Rs 1,000 crore rights issue, making today the last day for interested investors to buy shares of the EV scooter-maker to be eligible for the corporate action.

The Bhavish Aggarwal-led company last week fixed the issue price for its rights issue at Rs 27 per equity share, around 23% lower than the stock’s previous closing price of Rs 35.13 apiece on NSE, with the amount payable in two calls.

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