2
SUMMARY
While the company has utilised INR 1,227.6 Cr set aside to expand its cell manufacturing plant, it has now revised the R&D expenditure to INR 1,505 C
It will increase the expenditure for organic growth initiatives by 3.4X to INR 1,200 Cr from the initially proposed INR 350 Cr
Besides, Ola Electric has added a new INR 395 Cr component for repayment or prepayment of debt
EV major Ola Electric
has received the approval from its shareholders to alter the use of INR 5,500 Cr…
