SVF II OSTRICH (DE) LLC, a significant shareholder, has disclosed the sale of 55,499,195 equity shares and 11,225,054 rights entitlements in Ola Electric Mobility Limited. The disposals occurred between January 6, 2026, and October 22, 2026, leading to a reduction in their total shareholding. The filing, made under SEBI’s Takeover Regulations, details the aggregate transactions during this period.
Significant Shareholder Transaction Disclosed
SVF II OSTRICH (DE) LLC has formally notified the stock exchanges regarding the disposal of a substantial portion of its holdings in Ola Electric Mobility Limited. The disclosure, filed in accordance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, outlines the transactions undertaken by the entity.
Details of Share and Rights Entitlement Disposal
According to the filing, SVF II OSTRICH (DE) LLC sold a total of 55,499,195 equity shares carrying voting rights. Concurrently, the investor also disposed of 11,225,054 rights entitlements. These transactions represent a collective disposal of 66,724,249 units (shares and rights entitlements). The disposals were executed through open market sales over a period spanning from January 6, 2026, to October 22, 2026, inclusive.
Shareholding Before and After Disposal
Prior to these disposals, SVF II OSTRICH (DE) LLC held 596,995,421 shares representing 12.90% of the total share capital. Following the sale, their holding has reduced to 541,496,226 shares, which now constitutes 11.70% of the total share capital. The holding of rights entitlements also saw a decrease from 43,319,698 to 32,094,644.
The total diluted share/voting capital of Ola Electric Mobility Limited after the said sale stands at approximately 4,998,680,978 shares, with a total amount of ₹49,986,809,780. The face value of each equity share is ₹10.
Source: BSE
