Ola Electric faces SEBI warning for sharing expansion plans on social media before stock exchanges.

Ola Electric Mobility received a warning from India's market regulator, SEBI, for announcing expansion plans on social media before informing stock exchanges, violating disclosure norms. The company's CEO, Bhavish Aggarwal, shared details on social media first, leading to a drop in the company's shares by 3.8%. SEBI emphasized the importance of equal information access for all investors through stock exchanges.

January 08, 2025
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