Ola Electric Mobility Limited has informed the Exchange regarding a press release dated March 09, 2026, titled "Ola Electric Launches #ChampionMahotsav with Benefits worth ₹10,000 Across Ola Portfolio".
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Ola Electric announced #ChampionMahotsav, a three-day nationwide promotional campaign offering benefits worth ₹10,000 on any of its electric vehicles, timed to celebrate India's third ICC Men's T20 World Cup victory. The offer covers the company's full portfolio, including Gen 3 S1 scooters (S1 Pro+ and S1 Pro variants) and Roadster X motorcycles, with prices ranging from ₹74,999 to ₹1,85,338. The company describes this as an extension of a prior 'Match Mahotsav' campaign that ran during the World Cup final. No new product launch, order, or financial guidance is included in this filing.
This is a short-term marketing promotion, not a material business event. It may provide a modest near-term demand bump for Ola Electric, but ₹10,000 in benefits over just three days is unlikely to move the needle on quarterly volumes or financials in a meaningful way.