New Delhi, June 2 -- Ola Electric Mobility share price fell as much as 1.80% to Rs.38.82 apiece in Tuesday's trading session after the company announced the launch of its qualified institutional placement (QIP) priced at a discount.

Electric two-wheeler manufacturer on Monday, June 1, launched its qualified institutional placement (QIP) of equity shares after securing the necessary approvals from both its board and shareholders, marking a new phase in its capital-raising efforts.

In an exchange filing, the company said its Fund Raising Committee approved the opening of the QIP on June 1, 2026. The move follows approval from the board of directors at its meeting on October 25, 2025, as well as a special resolution passed by shareholders ...