Ola Electric’s ₹1,000 crore rights issue set to open October 22 at ₹27 a share

Inc42 reports Ola Electric’s rights issue is scheduled for October 22–30, 2026, with 37.03 crore partly paid-up shares priced at ₹27 each. Shareholders will be entitled to two rights shares for every 25 fully paid-up shares held as of the October 13 record date. The company expects to raise ₹999.74 crore if fully subscribed and all call monies are paid. It plans to invest in its electric mobility and energy storage businesses.