SEBI Warns Ola CEO for Disclosure Rule Violation

SEBI Warns Ola CEO for Disclosure Rule Violation

SEBI Warns Ola CEO: Ola Electric faces a SEBI warning for violating disclosure rules by sharing expansion plans on social media before notifying stock exchanges.

The Violation: On Dec 2, 2024, Ola’s CEO shared store expansion plans on X (Twitter) hours before stock exchange disclosures, breaching SEBI’s transparency norms.

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