SoftBank sold 1.2% stake in Ola Electric between January-October

T1Covered by 1 source · first reported by Economic Times — Tech / Technology / Startups / ETTelecom at 27 Oct, 12:18 UTC

The investor also sold rights entitlements to subscribe to an additional 1.12 crore shares, according to a disclosure filed with the stock exchanges. Ola Electric is in the process of raising Rs 1,000 crore through a rights issue of partly paid-up equity shares.