Ola Electric Mobility Ltd

Ola Electric Mobility Limited has deferred a meeting of its Board of Directors, originally scheduled for October 5, 2026, to consider and decide on a Rights Issue of partly paid-up equity shares of face value Rs 10 each, for an amount not exceeding Rs 1,000 crore, as the company awaits in-principle approval from the stock exchanges.

Ola Electric Mobility Limited has informed the National Stock Exchange of India Ltd. and BSE Limited that the trading window for dealing in securities of the company will be closed from Thursday, October 01, 2026, and will reopen after 48 hours from the announcement of the unaudited standalone & consolidated financial results for the quarter and half-year ended September 30, 2026.

Ola Electric Mobility Limited will seek shareholder approval for a rights issue of partly paid-up equity shares with a face value of Rs 10 each, for an amount not exceeding Rs 1,000 crores, the company said in a filing to the National Stock Exchange of India and BSE Limited on September 28, 2026.

Ola Electric Mobility Limited announced the appointment of Ms. Deepa Bansal as Company Secretary and Compliance Officer, and Key Managerial Personnel, effective September 28, 2026, following a recommendation from the Nomination and Remuneration Committee.

Fortis Healthcare Ltd, PB Fintech Ltd, J K Cements Ltd and One 97 Communications Ltd are among the other losers in the BSE's 'A' group today, 25 September 2026.Ola Electric Mobility Ltd lost 7.85% to Rs 39.19 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 101.06 lakh shares were traded on the counter so far as against the average daily volumes of 69.22 lakh shares in the past one month.Fortis Healthcare Ltd crashed 4.55% to Rs 838.8. The stock was the second biggest loser in 'A' group.On the BSE, 70875 shares were traded on the counter so far as against the average daily volumes of 1.43 lakh shares in the past one month.PB Fintech Ltd tumbled 3.97% to Rs 1162. The stock was the third biggest loser in 'A' group.On the BSE, 22.46 lakh shares were traded on the counter so far as against the average daily volumes of 1.91 lakh shares in the past one month.J K Cements Ltd fell 3.70% to Rs 4990. The stock was the fourth biggest loser in 'A' group.On the BSE, 41109 shares were traded on the counter so far as against the average daily volumes of 11899 shares in the past one month.One 97 Communications Ltd shed 3.48% to Rs 1673.8. The stock was the fifth biggest loser in 'A' group.On the BSE, 1.44 lakh shares were traded on the counter so far as against the average daily volumes of 1.86 lakh shares in the past one month.

Ola Electric Mobility Limited will seek to raise funds through a rights issue of equity shares, the company said in a regulatory filing on September 23, 2026, adding that a meeting of its board of directors is scheduled for September 28, 2026, to consider the proposal, subject to required regulatory approvals.

Elecon Engineering Company Ltd, Bikaji Foods International Ltd, Pearl Global Industries Ltd and PC Jeweller Ltd are among the other gainers in the BSE's 'A' group today, 23 September 2026.Ola Electric Mobility Ltd surged 9.79% to Rs 41.48 at 11:48 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 190.75 lakh shares were traded on the counter so far as against the average daily volumes of 48.74 lakh shares in the past one month. Elecon Engineering Company Ltd spiked 9.68% to Rs 461.1. The stock was the second biggest gainer in 'A' group. On the BSE, 8.94 lakh shares were traded on the counter so far as against the average daily volumes of 39447 shares in the past one month. Bikaji Foods International Ltd soared 9.02% to Rs 603. The stock was the third biggest gainer in 'A' group. On the BSE, 47366 shares were traded on the counter so far as against the average daily volumes of 43041 shares in the past one month. Pearl Global Industries Ltd advanced 5.94% to Rs 1265.5. The stock was the fourth biggest gainer in 'A' group. On the BSE, 12303 shares were traded on the counter so far as against the average daily volumes of 36141 shares in the past one month. PC Jeweller Ltd jumped 5.37% to Rs 14.33. The stock was the fifth biggest gainer in 'A' group. On the BSE, 292.23 lakh shares were traded on the counter so far as against the average daily volumes of 265.51 lakh shares in the past one month.

Ola Electric Mobility Limited approved a resolution to raise up to INR 1,500 crore through the issuance of equity shares or convertible securities, and increased its authorized share capital from INR 8318,49,98,850 to INR 8721,87,34,420. The company also announced the resignation of Chief Operations Officer Hyun Shik Park, effective September 5, 2026, and the reappointment of Manoj Kumar Kohli and Shradha Sharma as independent directors for a second five-year term, commencing December 6, 2026, pending shareholder approval.

Ola Electric Mobility Limited approved a resolution to raise up to INR 1,500 crore through the issuance of equity shares or convertible securities, and increased its authorized share capital from INR 8318,49,98,850 to INR 8721,87,34,420. The company also announced the resignation of Chief Operations Officer Hyun Shik Park, effective September 5, 2026, and the reappointment of Manoj Kumar Kohli and Shradha Sharma as independent directors for a second five-year term, commencing December 6, 2026, pending shareholder approval.

Ola Electric Mobility Ltd share price inched up 0.07% to Rs 41.45 after the company's net profit witnessed a sharp fall of 32.80% to Rs 336.0 crore, while revenue from operations increased sharply by 71.70% to Rs 455.0 crore in Q2FY26 over Q1FY26. The market capitalization of 2/3 Wheelers industry group stocks on BSE stood at Rs 8.35 lakh crore, climbing 11.13%. It has improved by 2.43% over last one week and advanced by 12.17% in last one month while the market capitalization of Ola Electric Mobility Ltd has marginally improved by 7.16% and 20.55% in the same period respectively. Profit before tax (PBT) of Ola Electric Mobility Ltd stood at Rs 336.0 crore in Q2 FY26, tumbling by 21.50% year-on-year, and plunging by 32.26% quarter-on-quarter. EBITDA came in at Rs 194 crore, tanking 36.39% YoY and crashing by 39.38% sequentially. Total expenses saw a slight increase of 3.32% to Rs 747.0 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 381.0 crore, jumping 207.26% YoY, while employee benefits expense was at Rs 48.0 crore, collapsing by 17.24% YoY. For the TTM ended FY26, revenue from operations softened by 9.90% to Rs 4514.0 crore, while net profit saw a strong growth of 43.69% to Rs 2276.0 crore, compared to previous TTM. EBITDA tanked by 129300% to Rs 2157.0 crore, and PBT jumped 43.69% to Rs 2276.0 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 2391.0 crore in FY26, as against Rs 633.09 crore in FY25. Ola Electric Mobility Ltd gained 2.80% in last one year, outperforming the benchmark BSE Sensex which has softened by 1.97% during the same period.