Ola Electric Transitions to Public Company in Preparation for IPO
In a significant development, Ola Electric, the leading electric two-wheeler manufacturer in India, has officially converted from a private limited company to a public one, as per regulatory filings released on Friday.This strategic move precedes the company?s planned initial public offering (IPO) and is accompanied by a change in the company?s name to Ola Electric Mobility Limited from its previous designation as Ola Electric Mobility Private Limited.
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