SoftBank sells 1.2% stake in Ola Electric amid Rs 1,000 Cr rights issue

SVF II Ostrich (DE) LLC, an affiliate of SoftBank, has sold 5.55 crore shares of Ola Electric Mobility through open market transactions between January 6 and October 22, 2026, according to Ola Electric’s regulatory filing dated October 26. The investor also sold 1.12 crore rights entitlements…

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