Ola Electric Shares Drop Over 7% Amid Insolvency Petition; Hit 52-Week Low
Monday, 17 March 2025Newsdesk
Ola Electric's vehicle registration service provider Rosmerta Digital Services Ltd has sought the initiation of insolvency proceedings.
New Delhi 17 March 2025
As per news report of NDTV,Shares of Ola Electric Mobility Ltd tanked over 7 per cent on Monday morning after the firm said its vehicle registration service provider Rosmerta Digital Services Ltd has sought the initiation of insolvency proceedings against its wholly-owned arm Ola Electric Technologies Pvt Ltd.
Source - NDTV
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