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SEBI issues stern warning to Ola over disclosure delays
SEBI cautions Ola against delayed event reporting and reinforcing regulatory compliance.

By Indrani Priyadarshini

on January 8, 2025

Ola, one of the prominent publicly listed companies, has been flagged by the Securities and Exchange Board of India (SEBI) for failing to adhere to the mandated disclosure timelines. SEBI noted the delay in reporting key events, which it views as a serious violation of regulatory norms. Publicly listed companies are legally obligated to disclose all material information to investors through stock exchange filings. These disclosures must be made no later than 12 hours after the occurrence of the event to uphold transparency and ensure fairness in the market. In its official communication to Ola, SEBI stated, “The above violations have been viewed very seriously. You are hereby warned.” The regulatory body stressed the importance of prompt disclosures to safeguard investor confidence and maintain market integrity.