ICRA affirms credit ratings of subsidiaries of Ola Electric

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.