₹27 a share and they still won't tell you where the charger is.

Ola Electric's ₹1,000 Cr Rights Issue Opens October 22 At ₹27 A Share

Ola Electric's board approved a ₹1,000-crore rights issue at ₹27 per share, opening October 22 — a 26% discount to the market price. Existing shareholders can subscribe, with payment split across two calls. The EV maker is raising the cash after a rough stretch of widening losses, service complaints and a sliding stock, and it says the money will fund its electric-vehicle expansion.

Source: Ola Electric's ₹1,000 Cr Rights Issue Opens October 22 At ₹27 A Share — Inc42

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A daily AI-made news meme from Jester · Oct 7, 2026.