Ola Electric has received an Investigation Report from the Central Consumer Protection Authority (CCPA) on October 28, 2025. The company is required to provide comments on the report within 7 days. The CCPA has scheduled a hearing for November 10, 2025. Ola Electric is currently seeking legal advice regarding the matter.
CCPA Communication
Ola Electric received an email from the Central Consumer Protection Authority (CCPA) on October 28, 2025, which included an Investigation Report. The company has been directed to provide comments on the report.
Next Steps and Hearing Date
Ola Electric is expected to respond to the CCPA’s report within a period of 7 days. The CCPA has also scheduled a hearing for November 10, 2025. The company is in the process of seeking legal counsel in response to these developments.
Alleged Violations
The Investigation Report pertains to alleged violations of consumer rights, deficiency in service, and misleading advertisements.
Potential Impact
As the matter is still under investigation and not yet adjudicated by the CCPA, the potential impact on Ola Electric’s financials, operations, or other activities cannot be determined at this stage.
Source: BSE
