India's markets regulator has sent a warning letter to Ola Electric for sharing information on social media before disclosing it to investors, adding to a long line of troubles for the electric two-wheeler maker.

Ola Electric recently revealed its expansion plans with new showrooms through social media posts which irked the regulator.

The warning states that Ola Electric announced its expansion plans on social media before it was brought to the attention of the stock exchanges.

According to the Listing Obligation and Disclosure Requirements (LODR) regulations, listed companies are required to make such disclosures on the stock exchanges first

The fall in Ola Electric share price came after the markets regulator Securities and Exchange Board of India (Sebi) issued an administrative warning letter over disclosure violations

The Securities and Exchange Board of India (SEBI) has issued an administrative warning to Ola Electric Mobility for violating disclosure norms. The company received the letter on January 7, according to its communication with the exchanges.

That founder billionaire Bhavish Aggarwal chose to announce Ola Electric’s expansion plans on social media first and not on the exchanges didn’t sit well with SEBI.

India's markets regulator has warned Ola Electric against sharing company-related information on social media before disclosing it to investors, adding to a slew of problems for the electric two-wheeler maker.

Ola Electric Mobility Ltd. was warned by India’s markets regulator against posting company updates on social media before disseminating information to its investors.

SEBI has issued an administrative warning to two-wheeler electric vehicle (EV) maker Ola Electric for violating the former’s regulations.

Ola Electric Mobility, one of India's leading electric vehicle makers, has come under scrutiny from the Securities and Exchange Board of India (SEBI) for breaching disclosure norms. The market regulator issued a stern warning to the company after