Ola Electric Mobility Ltd (OLAELEC) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Ola Electric Mobility Ltd on NSE and BSE, with an AI summary of each filing.
Allotment of partly paid-up Equity Shares on Rights Basis
Others (Uncategorized) · 03 Nov 2026, 2:32 am
Ola Electric Approves Rights Issue Allotment of Partly Paid-Up Equity Shares Ola Electric Mobility approved the allotment of 37,02,72,665 partly paid-up equity shares via a rights issue on 2nd Nov'26. The shares, priced at ₹27 each (including a ₹17 premium), saw ₹16.20 paid on application (₹6 face value, ₹10.20 premium), with the remainder due on final call. Following the allotment, the company's paid-up equity share capital increased from ₹46,28,40,83,130 (4,62,84,08,313 fully paid shares of ₹10 each) to ₹48,50,57,19,120, comprising 4,62,84,08,313 fully paid shares and 37,02,72,665 partly paid shares.
Intimation on closure of the Issue Period of the Rights Issue
Rights Issue · 30 Oct 2026, 6:40 pm
Ola Electric Announces Closure of ₹1,000 Crore Rights Issue Ola Electric Mobility Limited announced the closure of its rights issue on 30th Oct'26, which originally opened for subscription on 22nd Oct'26. Approved by the company's Board of Directors on 7th Oct'26, the offering comprised partly paid-up equity shares targeting an aggregate capital raise not exceeding ₹1,000 crore, executed in compliance with SEBI ICDR Regulations and the Companies Act, 2013.
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SVF II Ostrich (DE) LLC
Acquisition/ Disposal of Shares · 27 Oct 2026, 4:33 pm
SoftBank Sells 1.20% Equity Stake and Rights Entitlements in Ola Electric SVF II Ostrich (DE) LLC (SoftBank) sold 55,499,195 equity shares (1.20% of voting capital) and 11,225,054 rights entitlements in Ola Electric Mobility Limited via open market transactions between 6th Jan'26 and 22nd Oct'26. Following the disposals, SoftBank's equity holding decreased from 596,995,421 shares (12.90% share capital; 11.94% diluted) to 541,496,226 shares (11.70% share capital; 10.83% diluted). Including retained rights entitlements of 32,094,644, its total post-sale diluted holding stands at 11.47% (573,590,870 total shares and entitlements).
Intimation as per Regulation 77B(2) of SEBI (ICDR) Regulations, 2018 regarding confirmation of applicability submitted by Specific Investors in respect of Rights Issue of partly paid-up ....
Rights Issue · 22 Oct 2026, 4:26 pm
Ola Electric Confirms Full Application by Specific Investors for Renounced Rights Entitlements Ola Electric Mobility Limited confirmed that specific investors fully applied for 23,855,476 rights entitlements renounced by promoter group members on the issue opening date, 22nd Oct'26. Promoter group entity ANI Technologies Private Limited renounced 12,833,054 entitlements to Motilal Oswal Financial Services Limited, while Indus Trust renounced 11,022,422 entitlements to Calliope Capital Advisors LLP. Both renouncees submitted applications for 100% of their respective renounced entitlements for partly paid-up equity shares before 11:00 AM on the opening day.
Disclosure of Social Media Communication by the Promoter and CMD
Others (Uncategorized) · 09 Oct 2026, 8:55 pm
Ola Electric Onboards First 150 Dealers To Expand Network Ola Electric Mobility Limited informed stock exchanges on 9th Oct'26 regarding a social media update by its Promoter and Chairman & Managing Director. The communication highlighted that the company has onboarded its first batch of 150 dealers and hosted them for an interaction at its manufacturing facility, marking an expansion of its partner distribution network.
Submission of Letter of Offer for Rights Issue of partly paid-up Equity Shares of Ola Electric Mobility Limited
Rights Issue · 08 Oct 2026, 5:25 am
Company Statement dated October 07, 2026
Others (Uncategorized) · 08 Oct 2026, 1:27 am
Ola Electric Board Approves Rights Issue of Up to ₹1,000 Crore Ola Electric Mobility approved a rights issue of up to ₹1,000 crore on 7th Oct'26. The issue price is fixed at ₹27 per share, representing an approximate 26% discount to the current market price. Payment will occur in two calls, with 60% due on application and the remainder due on a final call date determined by the Board. The company's promoter will participate and invest alongside existing shareholders on identical terms.
Intimation of Record Date for the purpose of Rights Issue is October 13, 2026
Rights Issue · 08 Oct 2026, 12:42 am
Ola Electric Approves ₹999.74 Cr Rights Issue at ₹27 per Share Ola Electric's board approved terms for a ₹999.74 Cr rights issue offering up to 37,02,72,665 partly paid-up equity shares at ₹27 per share (₹10 face value, ₹17 premium). The rights entitlement ratio is set at 2:25, with the record date on 13th Oct'26. Payment requires ₹16.20 on application (60%) and ₹10.80 on the final call by 31st Oct'27. The issue opens on 22nd Oct'26 and closes on 30th Oct'26, expanding outstanding shares from 462.84 Cr to 499.87 Cr post-issue.
Outcome of the meeting of the Board of Directors of Ola Electric Mobility Limited held on October 07, 2026 and prior intimation of the Record Date
Outcome · 08 Oct 2026, 12:38 am
Ola Electric Approves ₹999.74 Cr Rights Issue at ₹27 per Share Ola Electric's board approved terms for a rights issue of up to 37.03 cr partly paid-up shares, aggregating to ₹999.74 cr at an issue price of ₹27 per share (₹16.20 payable on application and ₹10.80 on the final call by 31st Oct'27). The entitlement ratio is set at 2 rights shares for every 25 fully paid-up shares held. The record date is 13th Oct'26, with the issue opening on 22nd Oct'26 and closing on 30th Oct'26. Total shares will increase to 499.87 cr post-issue.
The Board Meeting to be held on 07/10/2026 has been revised to 07/10/2026 Intimation of Board Meeting to be held on 07/10/2026
Rescheduled / Cancelled · 07 Oct 2026, 2:09 am
Ola Electric Board to Finalize Terms for Rs 1,000 Crore Rights Issue Ola Electric Mobility received in-principle stock exchange approval on 6th Oct'26 for its proposed Rights Issue. Consequently, the Board of Directors will meet on 7th Oct'26 to consider and finalize terms for issuing partly paid-up equity shares (face value ₹10) raising up to Rs. 1,000 crores. The meeting will determine crucial issue terms, including the issue price, payment mechanism, rights entitlement ratio, record date, and timeline.
To consider Fund Raising and other business matters
Intimation · 07 Oct 2026, 2:03 am
The Company has informed the Exchange that a Board meeting to be held on October 05, 2026 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on October 07, 2026.
Intimation · 07 Oct 2026, 2:00 am
Ola Electric Mobility Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/10/2026 ,inter alia, to consider and approve Intimation of the meeting ....
Intimation · 07 Oct 2026, 1:49 am
Ola Electric Board to Consider Rs 1,000 Crore Rights Issue Ola Electric Mobility received in-principle stock exchange approval on 6th Oct'26 for its proposed rights issue. The Board of Directors will meet on 7th Oct'26 to consider, discuss, and finalize terms for issuing partly paid-up equity shares (face value ₹10 each) for an aggregate amount not exceeding Rs. 1,000 crore. Key agenda items include determining the issue price, payment mechanism, rights entitlement ratio, record date, and issue timing.
The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on October 05, 2026 for Bhavish Aggarwal
Encumbered Shares - Invocation / Release · 06 Oct 2026, 3:57 pm
Bhavish Aggarwal Pledges 4.32% Stake in Ola Electric Mobility Bhavish Aggarwal created a first ranking exclusive pledge over 20,00,00,000 equity shares of Ola Electric Mobility Limited, representing 4.32% of total share capital, on 30th Sep'26. The pledge in favor of CTL Trusteeship Limited—benefiting Avendus Finance and Incred Special Opportunities Fund I—secures non-convertible debentures issued/to be issued by Krutrim Data Centre Private Limited under an agreement dated 25th Sep'26. Aggarwal holds a 26.52% total promoter stake (1,22,74,99,575 shares) in the company, bringing total encumbered shares to 4.32% of total share capital post-event.
Ola Electric Mobility Limited has informed the Exchange that the meeting of the Board of Directors of the Company scheduled to be held on October 05, 2026 The Board Meeting is scheduled on Monday, October 05, 2026 or after the date of receipt of in-principle approval from the stock exchanges where the securities of the Company are listed or such other regulatory authorities as may be required, whichever is later, inter alia, to consider, discuss and decide various matters in connection with the
Intimation · 06 Oct 2026, 4:25 am
Ola Electric Mobility Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/10/2026 ,inter alia, to consider and approve Cancellation of Board ....
Rescheduled / Cancelled · 06 Oct 2026, 4:23 am
Ola Electric Defers Board Meeting for Rs 1,000 Crore Rights Issue Ola Electric Mobility Limited has deferred its Board of Directors meeting initially scheduled for 5th Oct'26 to evaluate terms for a proposed rights issue of partly paid-up equity shares (face value ₹10 each) raising up to Rs 1,000 crore. The postponement comes as the company awaits in-principle approval from stock exchanges to finalize the issue price, rights entitlement ratio, record date, and timing. The company will intimate the revised board meeting date once regulatory approvals are secured.
Company Statement on pledge of shares by Promoter
Others (Uncategorized) · 04 Oct 2026, 11:27 pm
Ola Electric Promoter Pledges 4.32% Stake to Fund Rights Issue Subscription Ola Electric promoter Bhavish Aggarwal has pledged a 4.32% stake in the company solely to fund his subscription to the board-approved rights issue disclosed in the Draft Letter of Offer filed on 28th Sep'26. The company clarified that no shares are being sold, there are no other existing pledges on his securities, and the promoter will invest alongside all other shareholders on identical terms.
Voting Results and Scrutinizers Report - 9th AGM of the Company
Annual General Meeting · 02 Oct 2026, 1:26 am
Proceedings of 09th Annual General Meeting of the Company
Annual General Meeting · 01 Oct 2026, 5:15 am
Constitution of Rights Issue Committee
Rights Issue · 29 Sept 2026, 5:13 am
Ola Electric Constitutes Rights Issue Committee for Proposed Capital Raise Ola Electric Mobility’s Board of Directors approved the constitution and terms of reference for a Rights Issue Committee on 28th Sep'26. The committee, delegated with powers to execute the rights issue, is chaired by CMD Bhavish Aggarwal alongside Independent Directors Manoj Kumar Kohli and Navalur Dattatreya Singh Shashank.
The Board Meeting is scheduled on Monday, October 05, 2026 or after the date of receipt of in-principle approval from the stock exchanges where the securities of the Company are listed or such other regulatory authorities as may be required, whichever is later, inter alia, to consider, discuss and decide various matters in connection with the Rights Issue.
Intimation · 29 Sept 2026, 4:08 am
OLA ELECTRIC MOBILITY LIMITED has informed the Exchange about Board Meeting to be held on 05-Oct-2026 to consider Fund raising.
Intimation · 29 Sept 2026, 4:00 am
Ola Electric Mobility Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/10/2026 ,inter alia, to consider and approve The meeting of the Board ....
Intimation · 29 Sept 2026, 3:55 am
Ola Electric Board to Consider Rs 1,000 Crore Rights Issue on 5th Oct'26 Ola Electric Mobility Limited's Board of Directors is scheduled to meet on 5th Oct'26, or upon receiving required in-principle regulatory and stock exchange approvals (whichever is later), to finalize terms for a rights issue of partly paid-up equity shares (face value ₹10 each) aggregating up to Rs 1,000 crore. The board will determine key issue details, including the rights issue price, payment mechanism, rights entitlement ratio, record date, and issue timing.
Ola Electric Mobility Limited has informed the Exchange that Board of Directors at its meeting held on September 28, 2026, has decided to issue equity shares on rights basis
Outcome · 29 Sept 2026, 1:18 am
Ola Electric Board Approves Rights Issue Up to ₹1,000 Crore The Board of Directors of Ola Electric Mobility Limited, at its meeting on 28th Sep'26, approved the issuance of partly paid-up equity shares (face value ₹10 each) for an aggregate amount not exceeding ₹1,000 crore via a rights issue to eligible equity shareholders as on a future record date. Key operational terms—including the rights issue price, entitlement ratio, record date, timing, and payment structure—will be determined by the Board and disclosed to exchanges subsequently, subject to statutory and regulatory approvals.
Ola Electric Mobility Limited has informed Exchange that the Board of Directors at its meeting held on September 28, 2026 has approved to issue equity shares on rights basis.
Outcome · 29 Sept 2026, 1:18 am