SEBI ‘warning’ letter to Ola CEO Bhavish Aggarwal: You have failed to …

SEBI warned Ola Electric for violating disclosure norms by announcing expansion plans on social media before notifying the stock exchanges. Bhavish Aggarwal posted about the store expansion on X hours before informing BSE and NSE. Ola faces potential enforcement action if compliance standards aren’t improved. This occurs amidst other regulatory challenges for the company.

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