ICRA affirms credit ratings of subsidiaries of Ola Electric

April 29, 2026 · 9:31 am IST Source: Business Standard

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Ola Electric Mobility announced that its material wholly owned subsidiary, Ola Electric Technologies has received reaffirmation in credit ratings from ICRA at ICRA BBB; Negative / ICRA A3+ for various debt facilities of the company.

Meanwhile, its other material wholly owned subsidiary Ola Cell Technologies has received reaffirmation in credit ratings at ICRA BBB-; Negative / ICRA A3.

Originally reported by Business Standard.

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