Allotment of 370272665 partly paid-up equity shares on Rights Basis at its Rights Issue Committee Meeting…
As filed · Ola Electric Mobility Limited has informed the Exchange regarding allotment of 370272665 partly paid-up equity shares on Rights Basis at its Rights Issue Committee Meeting held on November 02, 2026
What happened
FactAllotment of 370272665 partly paid-up equity shares on Rights Basis at its Rights Issue Committee Meeting held on November 02, 2026. consultation with the designated stock exchange, National Stock Exchange of India Limited, the Rights Issue. The meeting of the Rights Issue Committee commenced at 08:00 p.m. and completed at 08:15 p.m.
Why it matters
CapitSignal interpretationExisting holders can maintain their stake only by putting in more money; those who do not subscribe are diluted.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
WithdrawnThe parity on cell cost will be around 3-5 GWh. That target remains the same.
The rollout of our own cell into our vehicles has started already.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Rights ratio and issue price
- Record date and subscription window
- Promoter intention to subscribe
- Through FY27, a ₹1,000 crore number to us seems to be a median guidance on what we can achieve. (management committed by FY27)
- We have said Q4, which is when it launches, we should do about a ₹100 crore revenue, which means about 7,000-8 (management committed by Q4 FY26)
Evidence
- Ola Electric Mobility Limited has informed the Exchange regarding allotment of 370272665 partly paid-up equity shares on Rights Basis at its Rights Issue Committee Meeting held on November 02, 2026(opens the original filing in a new tab)
- Earlier statement · Q2 FY26
- Latest statement · Q2 FY26
- Earlier statement · Q1 FY26
How CapitSignal classified this
- Reasoning:
- RIGHTS_ISSUE base 64; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%