<ul><li>Ola Electric Technologies Private Limited, a subsidiary of Ola Electric Mobility Limited, has settled all its pending dues with vehicle registration service provider Rosmerta Group.</li><li>Rosmerta Group has filed a memorandum for the withdrawal of the previously filed insolvency petitions against Ola Electric at the NCLT, Bengaluru.</li><li>Ola Electric Technologies has paid INR 26.75 Cr to settle the entire claim raised by Rosmerta Group before NCLT, thereby resolving the financial disputes.</li><li>This development comes after Rosmerta Group filed an insolvency plea against Ola Electric for alleged payment default.</li></ul>

Ola Electric Resolves Financial Disputes With Rosmerta Group, NCLT Pleas Withdrawn

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