Ola Electric Mobility Ltd

Ola Electric Mobility Ltd has announced that its Board of Directors will convene on November 12, 2026, to consider and approve the unaudited standalone and consolidated financial results for the second quarter and half-year ended September 30, 2026. Concurrently, the company has closed its trading window for designated persons and their relatives from October 1, 2026, until 48 hours after the financial results are declared, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Ola Electric Mobility Limited has approved the allotment of 37,02,72,665 partly paid-up Equity Shares at a price of ₹16.20 per share, including a premium of ₹10.20 per share. This allotment, made on a rights basis to eligible shareholders, increases the company's paid-up equity share capital. The total amount paid on application per share is ₹16.20, with the balance payable on the first and final call as per the Letter of Offer. This move signifies a capital infusion through a rights issue, strengthening the company's financial structure.

Ola Electric Mobility Ltd announced the closure of its Rights Issue today, October 30, 2026. The issue, which opened on October 22, 2026, aimed to raise an amount not exceeding ₹1,000 crores through the issuance of partly paid-up equity shares. This move is in accordance with the Companies Act, 2013, and SEBI regulations.

SVF II Ostrich (DE) LLC has sold 55,499,195 equity shares and 11,225,054 rights entitlements in Ola Electric Mobility Ltd. This transaction represents a sale of 1.20% of shares carrying voting rights and 0.64% of rights entitlements. Following the sale, SVF II Ostrich's holding in Ola Electric has reduced from 12.90% to 11.70% of shares carrying voting rights. The disposals were undertaken between January 6, 2026, and October 22, 2026.

Ola Electric Mobility Ltd has filed an intimation regarding its Rights Issue of partly paid-up equity shares. As per Regulation 77B(2) of SEBI (ICDR) Regulations, 2018, the company confirmed that specific investors have submitted their applications on the Issue Opening Date, October 22, 2026. ANI Technologies Private Limited, through its renouncer, applied for 12,833,054 Rights Entitlements, and Calliope Capital Advisors LLP applied for 11,022,422 Rights Entitlements. In total, these specific investors applied for 23,855,476 Rights Entitlements, matching the number of entitlements renounced.

Ola Electric Mobility Limited's Promoter and CMD has shared a social media post on Twitter, highlighting the onboarding of the first 150 dealers at their factory. The tweet expressed enthusiasm for partnering with these dealers and welcoming them to the Ola family. This communication is also being made available on the company's investor relations website.

Ola Electric Mobility Ltd has announced its Board of Directors has approved a rights issue of up to ₹1,000 crore. The issue price is fixed at ₹27 per share, representing a discount of approximately 26% to the current market price. The payment will be made in two calls, with 60% due on application and the balance on a future date determined by the Board. This move aims to provide existing shareholders an opportunity to increase their holdings at a discounted rate. The promoter group has committed to participating in the rights issue under the same terms as other shareholders.

Ola Electric Mobility Ltd has announced October 13, 2026, as the record date for its upcoming rights issue. The company's Board of Directors, in a meeting held on October 7, 2026, approved the issuance of partly paid-up equity shares worth up to ₹1,000 crores. The rights issue will involve 37,02,72,665 equity shares priced at ₹27 each, with ₹16.20 payable on application and the remaining ₹10.80 by October 31, 2027. This move aims to raise capital for the company's growth and expansion plans. The issue opens on October 22, 2026, and closes on October 30, 2026. Shareholders will receive 2 rights equity shares for every 25 shares held.

Ola Electric Mobility Limited's Board of Directors, in a meeting held on October 07, 2026, approved the terms of a Rights Issue. The company will issue 37,02,72,665 partly paid-up equity shares at ₹27 each, aggregating up to ₹9,99,73,61,955 (₹999.74 Crore). The issue price includes a premium of ₹17 per share. The payment will be in two tranches: ₹16.20 on application and ₹10.80 for the first and final call, expected by October 31, 2027. The record date for determining eligible shareholders is October 13, 2026. The Rights Issue period will be from October 22, 2026, to October 30, 2026. This rights issue aims to raise capital not exceeding ₹1,000 crores.

Ola Electric Mobility Ltd has received in-principle approval from stock exchanges on October 6, 2026, for its proposed Rights Issue. A Board Meeting is scheduled for October 7, 2026, to consider, discuss, and decide on various matters related to this Rights Issue. The Rights Issue involves partly paid-up equity shares of face value ₹10 each for an amount not exceeding ₹1,000 crores. The Board will determine specific terms such as the Rights Issue price, payment mechanism, rights entitlement ratio, record date, and timing.