Auditors Flag Second Suspected Employee Fraud At Ola Electric Arm

Ola Electric’s FY26 annual report disclosed another suspected employee fraud at its wholly owned subsidiary Ola Electric Technologies Pvt Ltd (OET), with auditors reporting two such offences involving more than ₹1 Cr. According to OET’s secretarial audit report, the statutory auditors reported the two suspected employee frauds to the central government through e-form ADT-4 filings dated July 9, 2025, and June 4, 2026. While one suspected fraud was disclosed in Ola Electric’s FY25 annual report,