Investment1 Jun 2026, 06:12 pm
Ola Electric Approves Issue Floor Price of ₹37.74 Per Share
AI Summary
Ola Electric Mobility Ltd's fund raising committee approved the opening of an issue, adopted a preliminary placement document, and set the floor price at ₹37.74 per equity share. The "Relevant Date" for determining the floor price is June 1, 2026. The company may offer a discount of up to 5% on the floor price. The trading window is closed until 48 hours after issue price determination.
Key Highlights
- Ola Electric's fund raising committee approved opening of the issue on June 1, 2026.
- The floor price for the issue is set at ₹37.74 per equity share.
- A discount of up to 5% on the floor price may be offered.
- The "Relevant Date" for floor price determination is June 1, 2026.
- Trading window is closed until 48 hours post issue price determination.
Price Impact
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