Ola Electric Clarification on News Item Regarding Employee’s Suicide

Ola Electric has responded to news reports concerning the suicide of an employee, stating that the employee never raised any complaints during his tenure. An FIR has been filed, which the company is contesting in court, securing protective orders. Ola Electric facilitated the full and final settlement to the family and is cooperating with authorities. The company maintains its commitment to a safe and respectful workplace.

Response to Media Reports

Ola Electric has issued a statement regarding the news article captioned ‘Bhavish Aggarwal, Ola Electric execs booked after employee’s suicide’ dated October 20, 2025. The company is deeply saddened by the death of their colleague, Mr. Aravind and extends thoughts to his family.

Employee Grievances and Company Stance

During his employment, Mr. Aravind never raised any complaints or grievances. His role did not involve direct interaction with top management.

Legal Proceedings and Company Actions

An FIR has been registered, and Ola Electric has challenged it in the High Court of Karnataka, receiving protective orders. No chargesheet has been filed against the Company or its officials.

The company facilitated the full and final settlement to Mr. Aravind’s bank account as support to the bereaved family.

Ongoing Cooperation

Ola Electric is fully cooperating with the authorities in their investigation and remains committed to maintaining a safe and respectful workplace for all employees. The company states that no chargesheet has been filed.

Source: BSE

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