SoftBank Sells 2.15% Stake in Ola Electric, Shares Drop 2.5%
Share Market
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CNBC Awaaz•09-01-2026, 14:33
SoftBank Sells 2.15% Stake in Ola Electric, Shares Drop 2.5%
- •SoftBank, via SVF II Ostrich (DE) LLC, sold a 2.15% stake in Ola Electric Mobility Ltd.
- •The sale occurred in multiple tranches between September 3, 2025, and January 5, 2026.
- •A total of 94,628,299 equity shares were offloaded in the latest transaction period.
- •The January 5, 2026 transaction exceeded SEBI's 2% limit for stake sales.
- •SoftBank's stake in Ola Electric is now 13.53%, down from 15.68%.
Why It Matters: SoftBank reduced its stake in Ola Electric, leading to a 2.5% share price drop.
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