New Delhi, April 25 -- Ola Electric on Friday clarified about a news article titled "Ola Electric shares in focus after Maharashtra moves to shut unlicensed stores, seize vehicles", saying that the company was not aware of such developments.
In an exchange filing, Ola Electric Mobility Ltd. said that it was not aware of events regarding a notice from the Maharashtra government that it was asked to shut down 100 stores immediately.
"We wish to submit that we are not aware of any such negotiations/ events regarding a notice from the authorities ordering immediate closure of over a 100 showrooms in Maharashtra," the Bhavish Aggarwal-led company said.
It further clarified about the receipt of notices from four states for trade certificates...
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