Snapdeal effect? Ola restricts SoftBank rights, strengthens those of founders4 min read . Updated: 18 May 2017, 11:07 AM IST
SoftBank cannot buy more shares in Ola without approval of founders Bhavish Aggarwal and Ankit Bhati, and ANI Technologies board of directors, as per amended Articles of Association
Bengaluru: Cab-hailing firm Ola has made sweeping changes in its shareholder terms, strengthening the rights of its founders and restricting those of its largest investor SoftBank Group Corp. and others.
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