SoftBank Sells 2.15% Stake in Ola Electric Mobility via Open Market
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Moneycontrol•10-01-2026, 01:32
SoftBank Sells 2.15% Stake in Ola Electric Mobility via Open Market
- •SoftBank, through SVF II Ostrich (DE) LLC, sold 2.15% of its stake in Ola Electric Mobility.
- •The sale involved 94,628,299 equity shares between September 3, 2025, and January 5, 2026.
- •The disposal on January 5, 2026, breached the 2 percent threshold under SEBI regulations.
- •Post-transaction, SVF II Ostrich (DE) LLC's holding in Ola Electric decreased from 15.68% to 13.53%.
- •This follows a previous sale of 94,943,459 shares between July 15, 2025, and September 2, 2025.
Why It Matters: SoftBank reduces its stake in Ola Electric Mobility, signaling a shift in its investment portfolio.
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