Ola Electric’s supplier dues surge to 80%, sparking insolvency pleas and share slide
Ola Electric’s overdue payments to MSME suppliers exploded to 80% of its outstanding dues, up from 4.6% after its 2024 listing. The delays triggered insolvency petitions from three vendors and pushed the stock over 5% lower, warning of supply‑chain strain and governance risk for the EV maker.