Ola Electric Concludes 1st AGM Post Listing
The Business Guardian
|August 24, 2025
Ola Electric on Friday said it has secured shareholders' approval on the reallocation of funds raised through IPO, unlocking capital to drive the next phase of growth, and further strengthening the balance sheet.
The Bengaluru-based firm on Friday concluded its first AGM since going public in 2024.
As per exchange filings, 99 per cent of shareholders voted in favour of the resolution to reallocate IPO proceeds, signalling investor trust in the company and its long-term vision.
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