In continuation to earlier disclosure made to stock exchanges dated February 22, 2024 citing the receipt of 2400 Electric Buses Order from Brihan Mumbai Electric Supply & Transport Undertaking (BEST/ Authority), Olectra Greentec has informed you that the company has acquired 2,600 equity shares (26% stake) of Rs. 10/- each in ‘EVEY TRANS (MAH)’ (CIN: U49219TS2024PTC182975) which will specifically act as a Special Purpose Vehicle for executing this Contract. In line with the SEBI circular dated 9th September 2015 read with circular dated 13th July, 2023, the relevant details pertaining acquisition are enclosed.
The above information is a part of company’s filings submitted to BSE.
