Ola Electric Share Price Surges Over 3% on Securing ₹366.78 Crore PLI-Auto Incentive for FY25

Written by: Team Angel OneUpdated on: 26 Dec 2025, 5:19 pm IST

Ola Electric has received a ₹366.78 crore PLI-Auto incentive sanction from the Ministry of Heavy Industries for FY25 demand-linked sales claims.

Ola Electric Mobility Ltd has received a sanction order from the Ministry of Heavy Industries for incentives amounting to ₹366.78 crore under the Production Linked Incentive Scheme for Automobile and Auto Components (PLI-Auto).

The approval relates to claims submitted by the company for the financial year 2024-25, as per exchange filing.

Incentive Linked to FY25 sales

The sanctioned amount relates to demand incentives calculated on the basis of determined sales value for FY25.

According to the order, the payment has been authorised for release through IFCI Limited, which is the designated financial institution responsible for disbursing funds under the PLI-Auto scheme.

Conditions of Approval

The company said the sanction has been issued in line with the applicable terms and conditions of the PLI-Auto scheme, including changes notified by the government from time to time.

The approval follows the assessment of documents and information submitted as part of the incentive claim process.

Ola Electric Mobility Share Price Performance

As of December 26, 2025, at 10:57 am, Ola Electric Mobility share price was trading at ₹36.47, a 3.17% increase from the previous closing price.

Conclusion

The ₹366.78 crore sanction under the PLI-Auto scheme clears Ola Electric’s demand incentive claims for FY25. The approval allows the company to receive the sanctioned amount through the government’s designated disbursement channel.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Dec 26, 2025, 11:48 AM IST

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