India, Sept. 9 -- Ola Electric's FY26 annual report disclosed another suspected employee fraud at its wholly owned subsidiary Ola Electric Technologies Pvt Ltd (OET), with auditors reporting two such offences involving more than Rs.1 Cr.

According to OET's secretarial audit report, the statutory auditors reported the two suspected employee frauds to the central government through e-form ADT-4 filings dated July 9, 2025, and June 4, 2026.

While one suspected fraud was disclosed in Ola Electric's FY25 annual report, the filing made in June 2026 appears to relate to a second case.

However, the latest annual report did not disclose the employees involved, the nature of the suspected frauds, or the precise amount involved in either case. It...