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Ola Electric disputes insider trading report, says trades were routine Esop exercises

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Electric two-wheeler (E2W) manufacturer Ola Electric on Friday disputed a media report that claimed the company was under regulatory scrutiny by the Securities and Exchange Board of India (Sebi) over alleged insider trading, saying the article contained factual inaccuracies.“We would like to bring to your attention that the story titled “Ola Electric likely In Sebi crosshairs over alleged insider trading” contains factual inaccuracies that could potentially harm the reputation of Ola Electric Mobility Limited,” the company said in a filing…

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