AK News Ola Electric Tech to raise Rs 878 crore via preferential allotment to Ola Cell Technologies

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Ola Electric Tech to raise Rs 878 crore via preferential allotment to Ola Cell Technologies

Published on: Oct. 1, 2025, 6 a.m. | Source: The Economic Times

OET is Ola Electric’s manufacturing and technology arm driving Ola’s EV ecosystem, from vehicle platforms to battery technology. It has secured approval from its board and shareholders to raise up to Rs 877.6 crore by issuing 87.76 crore preference shares to fellow subsidiary Ola Cell Technologies (OCT).

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