Ola Electric Expects ‘Temporary Impact’ On Sales In February

The EV maker said that its sales for the month on VAHAN will be “temporarily impacted” due to it renegotiating terms of agreements with agencies Rosmerta Digital Services Pvt Ltd and Shimnit India Pvt Ltd

Rosmerta Digital Services offers digital services and distribution for vehicle registration to OEMs, Shimnit manufactures high-security registration plates for vehicles plying the Indian roads

The disclosure led to an increased pressure on the company’s already flailing share prices, taking them to a new low of INR 58.50 during…