Ola Electric Mobility Limited has informed the Exchange regarding a press release dated September 24, 2025, titled "Ola Electric s Muhurat Mahotsav Inventory Sells Out in Just 5 Minutes on Day 1".
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Awaiting price reaction for this filing.
Ola Electric announced that all units offered during Day 1 of its festive campaign 'Ola Muhurat Mahotsav' sold out within just 5 minutes of the booking window opening on September 24, 2025. The strong demand was driven by the company's recently launched 'Ola Celebrates India' campaign offering never-before prices starting at ₹49,999 for its S1 scooters and Roadster X motorcycles. The Muhurat Mahotsav will continue until October 1, with new limited-inventory slots opening daily at special Muhurat times. The company currently offers a wide portfolio of S1 scooters priced from ₹81,999 to ₹1,69,999 and Roadster X motorcycles priced from ₹99,999 to ₹1,27,499.
This is a positive marketing/PR announcement signalling strong consumer demand and traction for Ola Electric's festive pricing strategy. However, it does not contain material financial disclosures, and actual revenue impact will depend on the scale of inventory released and successful delivery execution.