SEBI issues warning to Ola Electric for violation of disclosure norms

Quick Summary:

The warning states that Ola Electric announced its expansion plans on social media before it was brought to the attention of the stock exchanges.

The notice argued that Ola Electric had violated these norms.

According to SEBI guidelines, all listed entities are supposed to first disclose information and events to the stock exchanges or “as soon as reasonably possible”.

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Article Details

Author / Journalist: Sai Keerthi

Category: StartupsEconomyBusiness

Markets: India

Topics: Privacy Information Consumer Notice Company Warning Policy Electric Social December Complaints

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-08 @ 03:29:46 (1 days ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 320 words

Reading Time: 2 minutes read

Sentences: 21 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 24968752

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 8 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 18 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #44

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