Motilal Oswal and Calliope Capital Advisors, backed by Motilal Oswal, have applied for 2.39 crore shares in Ola Electric Mobility's rights issue, marking a significant investment by the financial services firm. The application was made in favor of the two investors by Ola Electric's promoters, ANI Technologies and Indus Trust.
Key points
Motilal Oswal and Calliope Capital Advisors have applied for 2.39 crore shares in Ola Ele…: Motilal Oswal and Calliope Capital Advisors have applied for 2.39 crore shares in Ola Electric Mobility's rights issue.
The application was made in favor of the two investors by Ola Electric's promoters, ANI T…: The application was made in favor of the two investors by Ola Electric's promoters, ANI Technologies and Indus Trust.
This investment by Motilal Oswal and Calliope Capital Advisors is significant for the fin…: This investment by Motilal Oswal and Calliope Capital Advisors is significant for the financial services firm.
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Motilal Oswal Financial Services and Calliope Capital Advisors, an investment vehicle associated with Motilal Oswal, have applied for a combined 2.39 crore shares under Ola Electric Mobility’s rights issue on the opening day on Thursday.
According to a stock exchange filing, Motilal Oswal applied for 1.28 crore shares and Calliope Capital for 1.10 crore shares.
The rights entitlements were renounced in favour of the two investors by two of Ola Electric promoters -- ANI Technologies, the parent of Ola Cabs, and Indus Trust.
According to a stock exchange filing, Motilal Oswal applied for 1.28 crore shares and Calliope Capital for 1.10 crore shares.
The rights entitlements were renounced in favour of the two investors by two of Ola Electric promoters -- ANI Technologies, the parent of Ola Cabs, and Indus Trust.
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