Ola Electric Mobility Ltd

Ola Electric Mobility Limited has announced its 9th Annual General Meeting (AGM) scheduled for Wednesday, September 30, 2026, at 04:30 PM IST. The meeting will be conducted through Video Conference/ Other Audio-Visual Means (VC/ OAVM) in compliance with MCA and SEBI circulars. The company is distributing the Notice of the 9th AGM along with the Annual Report for FY 2025-26 electronically to registered shareholders. Shareholders without registered email addresses will receive a separate letter with a web-link to access these documents. The Annual Report, covering corporate overview, financial statements, board's report, and sustainability report, is also accessible on the company's investor relations website.

Ola Electric Mobility Ltd has announced its 9th Annual General Meeting (AGM) scheduled for September 30, 2026, to be held via Video Conference/Other Audio-Visual Means. The company has also released its Annual Report for the Financial Year 2025-26. The report includes sections on Corporate Overview, Financial Statements (Consolidated and Standalone), Board's Report, Management Discussion and Analysis, Corporate Governance, and Business Responsibility & Sustainability Report. The AGM notice and Annual Report are being sent electronically to shareholders with registered email addresses and a web-link will be provided to others. The theme for the year is 'RESET. REINFORCE. SCALE.', focusing on strengthening the core, engineering depth, durable economics, and expanding into broader energy opportunities.

Ola Electric Mobility Ltd has dispatched letters to shareholders whose email addresses are not registered, providing a web link to access the Notice of the 9th Annual General Meeting and the Annual Report for the Financial Year 2025-26. The AGM is scheduled for September 30, 2026, via Video Conferencing. The company has also provided the exact path on its website for accessing these documents and mentioned their availability on NSDL and stock exchange websites. Shareholders can request physical copies via email. The filing also details the e-voting schedule and procedures for registering email addresses.

Ola Electric Mobility Limited has announced its 9th Annual General Meeting (AGM) will be held on Wednesday, September 30, 2026, at 04:30 P.M (IST). The meeting will be conducted through Video Conference/ Other Audio-Visual Means (VC/ OAVM) in compliance with MCA and SEBI circulars. The Notice of the 9th AGM and the Annual Report for FY 2025-26 are being sent electronically to shareholders with registered email IDs. Shareholders without registered email addresses will receive a letter with a web-link to access these documents. Both the AGM Notice and Annual Report are also available on the company's website under investor relations.

Ola Electric Mobility Ltd announced the re-appointment of Ms. Shradha Sharma as a Non-Executive Independent Director for a second term of 5 years, commencing December 06, 2026, to December 05, 2031. This decision was approved by the Board of Directors following a recommendation from the Nomination and Remuneration Committee. The company also noted the resignation of Mr. Hyun Shik Park as Chief Operations Officer. Additionally, the Board approved an increase in authorized share capital and an enabling resolution for raising funds up to ₹1,500 Cr through various securities. The notice for the 9th Annual General Meeting was also approved.

Ola Electric Mobility Ltd announced the resignation of its Chief Operations Officer, Mr. Hyun Shik Park, effective September 5, 2026, due to personal reasons. The company's Board of Directors also approved several key resolutions during their meeting on September 5, 2026. These include the re-appointment of Mr. Manoj Kumar Kohli and Ms. Shradha Sharma as Independent Directors for a second five-year term. Additionally, the Board approved an increase in authorized share capital and an enabling resolution to raise funds up to ₹1,500 crore through various securities. The company also announced the convening of its 9th Annual General Meeting.

Ola Electric Mobility Limited's Board of Directors has approved the re-appointment of Mr. Manoj Kumar Kohli as a Non-Executive Independent Director for a second term of 5 years, commencing December 6, 2026, until December 5, 2031. The board also noted the resignation of Mr. Hyun Shik Park as Chief Operations Officer. Additionally, the company approved an increase in authorized share capital and an enabling resolution to raise funds up to INR 1,500 Cr through various securities. The 9th Annual General Meeting notice was also approved.

Ola Electric Mobility Ltd's Board of Directors approved an increase in authorized share capital from ₹8,318.50 Cr to ₹8,721.87 Cr, a rise of approximately ₹403.37 Cr. This necessitates an alteration to Clause V of the company's Memorandum of Association. Additionally, the board approved an enabling resolution to raise funds up to ₹1,500 Cr through the issuance of equity shares or convertible securities via various permissible modes, subject to shareholder and regulatory approvals. The meeting also noted the resignation of COO Mr. Hyun Shik Park and approved the re-appointment of two Independent Directors, Mr. Manoj Kumar Kohli and Ms. Shradha Sharma, for a second five-year term.

Ola Electric Mobility Limited's Board of Directors met on September 5, 2026, approving several key decisions. The board accepted the resignation of Chief Operations Officer, Mr. Hyun Shik Park. It also approved the re-appointment of Mr. Manoj Kumar Kohli and Ms. Shradha Sharma as Non-Executive Independent Directors for a second five-year term, subject to shareholder approval. Furthermore, the authorized share capital was increased from ₹8,318.50 Cr to ₹8,721.87 Cr. An enabling resolution was passed to raise funds up to ₹1,500 Cr through various securities. The notice for the 9th Annual General Meeting was also approved.

Ola Electric Mobility Limited has announced the launch of its first wave of dealer-operated stores across India, marking a significant shift in its retail strategy. Within a month of opening its network to partners, the company has established outlets in major cities across Rajasthan, Tamil Nadu, Maharashtra, Bihar, Telangana, Uttar Pradesh, and Madhya Pradesh. This expansion aims to deepen market penetration and improve accessibility for Ola's electric scooters and motorcycles. The company plans to expand its dealership footprint to over 500 locations in the coming quarters, transitioning its existing company-owned stores into brand experience centers. This move is expected to accelerate the mainstream adoption of EVs in India, with new models starting at ₹79,999.