Market regulator Sebi has warned Ola Electric Mobility for violating listing norms by sharing store expansion plans on social media before informing stock exchanges, according to a regulatory filing by the company.

SEBI warned Ola Electric for violating disclosure norms by announcing expansion plans on social media before notifying the stock exchanges. Bhavish Ag

Ola Electric founder and CEO Bhavish Aggarwal announced online before disclosing to the exchanges the company's plans for a four-fold expansion of its store network.

The fall in Ola Electric share price came after the markets regulator Securities and Exchange Board of India (Sebi) issued an administrative warning letter over disclosure violations

India's markets regulator has warned Ola Electric against sharing company-related information on social media before disclosing it to investors, adding to a slew of problems for the electric two-wheeler maker.

Ola Electric Mobility Ltd. was warned by India’s markets regulator against posting company updates on social media before disseminating information to its investors.

New Delhi, Jan. 8 -- ola electric | ola electric shares | ola electric stocks | ola electric news Shares of Ola Electric slumped more than 3% in early trade on Wednesday after getting a warning from the markets regulator.

The Securities and Exchange Board of India (SEBI) has issued an administrative warning to Ola Electric Mobility for breaching disclosure norms. Post the issue of warning, Ola's shares dropped nearly 3.

The honeymoon period is over for Ola Electric, the fast-growing Indian electric motorcycle company, as its stock continues its downtrend. Ola Electric’s share price has erased most of the gains made after its initial public offering in 2024.