Ola Electric Mobility Limited has informed the Exchange regarding a press release dated December 25, 2025, titled "Ola Electric Secures ₹366.78 Crore PLI-Auto Incentive for FY25".
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Ola Electric Mobility Limited has informed the stock exchange about a press release dated December 25, 2025, announcing that the company has secured ₹366.78 Crore under the government's PLI (Production Linked Incentive) Auto scheme for FY25. The PLI scheme rewards automakers for achieving specified production volumes and meeting localisation and value addition targets in the electric vehicle space. This incentive payout reflects the company's qualifying performance during the financial year.
This is a positive development for shareholders as it brings in meaningful non-dilutive cash support from the government, improves operating margins, and signals that Ola Electric is meeting the production and localisation thresholds required under the PLI framework — strengthening the company's growth narrative.