Insolvency Petition Hits Ola Electric Arm

Rosmerta Digital files insolvency plea against Ola Electric over payment default
Rosmerta Digital Services was responsible for handling vehicle registrations for the two-wheeler manufacturer in the respective regional transport office.
Ola Electric Mobility Shares Fall to New Low After Unit Hit With Insolvency Petition
Shares of Indian two-wheeler maker Ola Electric Mobility slumped to a record low after one of its units' creditors filed a petition in court alleging a default in payment. Shares fell to 46.94 rupees, equivalent to $0.54, on Monday, touching their lowest-ever intraday level. The stock was last down 6.7% at 47.15 rupees.
Ola Electric Faces Insolvency Petition From Vendor Over Unpaid Dues
Ola Electric’s decision to bring registration processes in-house appears to have had unintended consequences. In February 2025, the company claimed to have sold 25,000 electric scooters. However, only 8,390 of these were officially registered on the VAHAN portal.
Ola Electric's Vendor Approaches NCLT Against Subsidiary Over Unpaid Dues, See What The Company Said
Rosmerta Digital Services Private Limited -- has filed an insolvency petition against a wholly owned subsidiary of the electric two-wheeler maker over alleged non-payment of dues. The vendor of Ola Electric Technologies Private Limited has approached the National Company Law Tribunal (NCLT) in Bengaluru,
Ola Electric’s Unit Faces Two Insolvency Pleas Over Vendor Dues
A unit of Ola Electric Mobility Ltd. is facing insolvency petitions from two of its key vehicle registration service providers in India over unpaid dues, adding to the EV maker’s mounting troubles.
Bhavish Aggarwal’s Ola Electric unit faces insolvency petitions over unpaid dues | Details
A unit of billionaire Bhavish Aggarwal's Ola Electric Mobility is facing two insolvency pleas from vehicle registration service providers over unpaid dues, Bloomberg reported. This adds to the EV maker's troubles,
Ola Electric Faces Insolvency Petition from Operational Creditor
Ola Electric Mobility Limited ( ($IN:OLAELEC) ) has shared an announcement. Ola Electric Mobility Limited has announced that a petition has been
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Ola Electric Faces Legal Battle Over Payment Default; Check Stock’s Valuation
Ola Electric had earlier stated, in February 2024, that it was renegotiating contracts with its vehicle registration agencies ...
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Ola has announced the Holi Flash Sale, allowing discounts on the S1 range of scooters. Read the full story to learn more.
Ola Electric eyes Ebitda breakeven in automotive by Q1FY26; stock up 3%
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