Ola Electric Mobility Ltd. has recently informed exchanges that the company received further communication from the Central Consumer Protection Authority (CCPA) on December 4, 2024. This follows the previous intimation regarding a Show Cause Notice issued by the CCPA. The new communication requests additional documents and information related to the company’s prior response.
The CCPA has provided a 15-day timeline for Ola Electric to submit the requested information. The company is committed to providing a timely response within the specified timeframe, ensuring compliance with regulatory requirements.
In the exchange filing, Ola Electric shared, “The company has received further communication from the CCPA via email dated December 04, 2024, seeking additional documents and information in relation to the previous response submitted by the Company. The CCPA has provided a timeline of 15 days from the date of email communication for the Company to submit the response in respect of seeking additional documents and information. The Company will ensure a timely response within the specified timeframe”
