India's Ola Electric Mobility falls as unit faces insolvency petition

** Shares of Ola Electric Mobility OLAELEC fall 3.7% to 48.62 rupees

** Rosmerta Digital Services, an operational creditor of Ola Electric Technologies, files a petition for initiation of corporate insolvency resolution process against OLAE's subsidiary Ola Electric Technologies

** Petition was filed alleging default in payment towards services rendered

** Ola Electric denies the claims

** OLAE stock has lost ~43% in 2025