Ola Electric revamps corporate structure as it looks to go public

Bengaluru-headquartered electric vehicle company Ola Electric is restructuring its corporate structure to convert itself from a private limited company to a public company.

The conversion of a private limited company into a public company is a mandatory step for a company that wants to list on the stock exchange. The name of the company has now been changed to Ola Electric Mobility Limited from Ola Electric Mobility Private Limited.

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