Ola Electric Mobility Limited (OLAELEC)
Ola Electric Mobility Limited has informed the exchange regarding the monitoring agency report for quarter ended March 31, 2026
Monitoring Agency Report for Q4FY26 submitted by Ola Electric Mobility. No material deviation in IPO proceeds utilization; changes approved by shareholders. Revised allocation includes capital expenditure, debt repayment, R&D, organic growth, and corporate purposes. Utilization ongoing with some delays expected to complete by FY27. Unutilized funds invested in fixed deposits with returns around 4.5-7%. No unfavorable events or major deviations reported.
Source: Original filing PDF
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