StockWatch
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2/3 Wheelers
Shareholding11 Nov 2026, 06:50 pm

Ola Electric: Motilal Oswal Funds Acquire 1.20% Stake

AI Summary

Motilal Oswal Flexi Cap Fund and other schemes of Motilal Oswal Mutual Fund have acquired 6,01,21,820 shares, representing 1.2028% of the total diluted capital, in Ola Electric Mobility Ltd. This acquisition, which occurred through market transactions and a rights issue, increases their total holding to 36,60,55,264 shares, or 7.3230% of the company's equity. The total equity share capital of Ola Electric Mobility Ltd. stands at 4,62,84,08,313 fully paid-up equity shares and 37,02,72,665 partly paid-up equity shares.

Key Highlights

  • Motilal Oswal Mutual Fund acquired 1.20% stake in Ola Electric.
  • Total holding increased to 7.32% post-acquisition.
  • Acquisition involved market transactions and rights issue.
  • Ola Electric has 462.84 Mn fully paid-up shares.
  • Ola Electric has 37.03 Mn partly paid-up shares.