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Ola Electric Gets Nod for IPO Fund Use Tweak
Mint Kolkata
|August 23, 2025
Ola Electric has secured shareholders' nod on reallocation of funds raised through an initial public offering (IPO), unlocking capital to drive the next phase of growth, and further strengthening the balance sheet, the company said on Friday.
The Bengaluru-based firm concluded its first AGM since going public in 2024. As per exchange filings, 99% of shareholders voted in favour of the resolution to reallocate proceeds of the IPO, signalling investor trust in the company and its long-term vision.
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FLERE HISTORIER FRA Mint Kolkata
Mint Kolkata
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