Скачать или смотреть Disclosure Rules Violation के मामले में SEBI ने OLA Electric को दी Warning!

SEBI Warns Ola Electric for Announcing Expansion Plans on Social Media Before Stock Exchanges

India's stock market regulator, SEBI, reprimanded Ola Electric Mobility Limited for announcing its expansion plans on social media before notifying the exchanges.

According to the exchange filing, SEBI issued a warning via email on January 7, citing violations of several sections of the Listing Obligations and Disclosure Requirements Regulations, 2015.

The issue arose on December 2, 2024, when Ola Electric's founder, Bhavish Aggarwal, posted a video on the social media platform X at 9:58 AM, announcing the company's plan to quadruple its sales network by December 20. However, the Bombay Stock Exchange (BSE) was informed at 1:36 PM and the National Stock Exchange (NSE) at 1:41 PM, leading to SEBI's intervention.

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