Mobility

Ola Electric Wheelchair Share Rate Hits Three-Week Low As Anchor Investors Set To Unload Stake

.Shares of Ola Electric Movement Ltd. declined to over three-week short of Monday, as anchor investors are actually set to sell allotments. In the preliminary of share sale, support investors will certainly discharge 18.17 crore shares or even 4.08% of its own overall equity. Support clients are demanded to hold stake for a minimum required of 30 days. They can sell up to 50% of their present holding. The upcoming sphere of support manual is readily available up for sale on Nov. 8. Ola Electric Range of motion sell noted level on Aug. 9, reviewed to a concern price of Rs 76 apiece. On the directory time, the stock finished 20% greater at Rs 91.2 apiece on the National Stock Market.