India's markets regulator has warned Ola Electric against sharing company-related information on social media before disclosing it to investors, adding to a slew of problems for the electric two-wheeler maker.

The fall in Ola Electric share price came after the markets regulator Securities and Exchange Board of India (Sebi) issued an administrative warning letter over disclosure violations

Ola Electric Mobility Ltd. was warned by India’s markets regulator against posting company updates on social media before disseminating information to its investors.

Ola Electric shares today cracked as much as 4 per cent at open after Karnataka High Court refused to provide any relief to company in CCPA probe. Ola Electric shares opened sharply lower at Rs 77 on NSE against the previous close of Rs 79.

India's markets regulator has sent a warning letter to Ola Electric for sharing information on social media before disclosing it to investors, adding to a long line of troubles for the electric two-wheeler maker.

Sebi warned Ola Electric after founder Bhavish Aggarwal posted on social media about expansion plans before notifying stock exchanges. Aggarwal announced the target to expand retail stores from 800 to 4,

Ola Electric Mobility, one of India's leading electric vehicle makers, has come under scrutiny from the Securities and Exchange Board of India (SEBI) for breaching disclosure norms. The market regulator issued a stern warning to the company after