NSEPress Release23 Jun 2026 · 23 Jun 2026, 02:09 pm

Press Release

Ola Electric Mobility Limited · OLAELEC

✦ AI Summary▲ PositiveProduct Launch

Ola Electric Mobility Limited announced that its wholly-owned subsidiary, Ola Cell Technologies, has received BIS certification for its indigenously developed LFP 46100 cylindrical cell. This makes Ola Electric the first Indian company to achieve such certification for a 46100 format cell, significantly expanding its in-house battery portfolio beyond NMC 4680 cells. The certification, along with other international standards, validates the cell's safety and performance, strengthening India's advanced battery manufacturing capabilities and promoting energy independence through significant localization.

Analysis Scores

Earnings Impact8/10
Growth Catalyst10/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment9/10

Full Announcement

Ola Electric Mobility Limited has informed the Exchange regarding a press release dated Jun 23, 2026, titled "Ola Electric Receives BIS Certification for its Indigenous 46100 LFP Cell, Strengthening India's Battery Manufacturing Capabilities".