The warning pertains to the company sharing its expansion plans on the social media before informing investors through exchange filings. Ola received the letter late on Tuesday via an email, it informed the exchanges.
Following the development, the stock fell more than 5% to ₹75.20 on the BSE in early trade on Wednesday. However, shares recovered after the company said the warning letter has no material impact on its financials. The stock closed higher by 0.48% to ₹79.54.
Denne historien er fra January 09, 2025-utgaven av Financial Express Chandigarh.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Denne historien er fra January 09, 2025-utgaven av Financial Express Chandigarh.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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