Ola Electric rights issue: Motilal Oswal entities apply for 2.39 crore shares
SynopsisAccording to a stock exchange filing, Motilal Oswal applied for 1.28 crore shares and Calliope Capital for 1.10 crore shares.Listen to this article in summarized formatMotilal Oswal Financial Services and…
Synopsis
According to a stock exchange filing, Motilal Oswal applied for 1.28 crore shares and Calliope Capital for 1.10 crore shares.Listen to this article in summarized format
Motilal Oswal Financial Services and Calliope Capital Advisors, an investment vehicle associated with Motilal Oswal, have applied for a combined 2.39 crore shares under Ola Electric Mobility’s rights issue on the opening day on Thursday.According to a stock exchange filing, Motilal Oswal applied for 1.28 crore shares and Calliope Capital for 1.10 crore shares.
The rights entitlements were renounced in favour of the two investors by two of Ola Electric promoters -- ANI Technologies, the parent of Ola Cabs, and Indus Trust. Add as a Reliable and Trusted News Source Add Now!
(Catch all the Technology News News, and Latest News Updates on The Economic Times.)
...more
Elevate your knowledge and leadership skills at a cost cheaper than your daily tea.Source: Economic Times — Tech ↗
Figures reflect the source report and its stated period. This article is for information and is not investment advice.
