Ola Electric issues clarification on ₹2,000 cr fundraising reports

Ola Electric issued a statement on reports of raising ₹2,000 crore by selling a stake in its battery arm after the stock exchanges sought clarification. It said, "As part of its normal business operations, the Company...continuously evaluates various opportunities for raising funds...subject to...market conditions." "All material events and information...have been duly disclosed," it added.