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MHI approved revised ACC PLI timelines, securing up to ₹7,240 crore through CY2031 with quarterly disbursements from next quarter; Ola expects 6 GWh by quarter-end, ahead of the revised December 2026 milestone. Context: resolves the previously pending PLI extension overhang.
Ola Electric Promoter Pledges 4.32 Percent Stake To Fund Rights Subscription
Ola Electric Schedules October 5 Board Meet For ₹1,000 Crore Rights Issue
Ola Electric Board Approves Rs 1,000 Crore Rights Issue For Shareholders
Ola Electric Board Approves ₹1,500 Crore Fundraising Resolution Pending Shareholder Approval
Ola Electric Board Approves ₹1,500 Crore Fund Raise Plan