Ola Electric settles ₹26 crore dues, insolvency pleas withdrawn
Ola Electric Mobility has settled all dues worth over ₹26 crore with vehicle registration agency Rosmerta Group, an exchange filing said on Tuesday. Earlier this month, Rosmerta filed insolvency petitions against Ola Electric Technologies, an Ola Electric Mobility subsidiary, at NCLT. Rosmerta has now filed the memo for withdrawal of the petitions.