Olectra Greentech Impleaded as Respondent in Land Acquisition PIL

Olectra Greentech Limited has been impleaded as a Respondent in a Public Interest Litigation (PIL) filed before the Hon'ble High Court of Telangana. The PIL challenges the acquisition of certain lands by Telangana Industrial Infrastructure Corporation (TGIIC) and their subsequent allotment to various parties, including Olectra Greentech. The company was allotted 150 acres of land at Seetharampur, Hyderabad, for its Greenfield EV Manufacturing Facility. Olectra Greentech is taking legal measures to defend its interests in the matter. The company states that there are no expected financial implications at this stage.