On this page

Earlier report,

Ola Electric sets ₹27 rights issue price, 26% below market, to raise up to ₹999.74 crore; issue opens 22 October

Since then, : Ola Electric fixes Rs 27 rights issue price to raise up to Rs 999.74 crore; record date 13 October

Ola Electric's shares closed at ₹36.32 on Wednesday, the price against which the discount is measured. The issue closes on 30 October 2026, with the record date set as 13 October 2026 and payment due in two calls.

Ola Electric rights issue price of ₹27 per share is 26% below Wednesday's close of ₹36.32
  • Wednesday close share price₹36.32
  • Rights issue price per share₹27

What we verified

Checked against the other reports of this story.

Updates

Each later report on this story, newest first. Earlier entries are never edited; a correction is a new entry.

  1. Read the update at Financial Express

    Ola Electric fixes Rs 27 rights issue price to raise up to Rs 999.74 crore; record date 13 October

    • Partly paid-up shares offered: 37.03 crore
    • Proceeds for debt repayment or prepayment: ₹350 crore
    • Proceeds for organic growth initiatives: ₹400 crore

On the record

Earlier Ola Electric reports on RetailIntel, newest first.

  1. : Ola Electric's Bhavish Aggarwal pledges 4.32% stake to fund his share of Rs 1,000 crore rights issue

Reported figures

From the report. Source details below

Rights entitlement ratio: 2 shares for every 25 held
Payable on application: ₹16.20 per share
First and final call: ₹10.80 per share
Rights equity shares to be issued: 37,02,72,665

The source

Source Read the source at Mint

Published

Also reported by Financial Express, CNBC-TV18, NDTV Profit, Business Today, Autocar Professional

First seen

By

Note Information, not investment advice. RetailIntel is not registered with SEBI.