Overview

• SVF II Ostrich (DE) LLC, a SoftBank entity, said it sold 94,943,459 Ola Electric shares between July 15 and September 2, 2025.
• The September 2 transaction breached the 2% level under SEBI’s Regulation 29(2), requiring the sale to be reported.
• Ola Electric fell to an intraday low of Rs 63.70 and closed at Rs 64.49, down 6.52% for the day after sliding as much as 7.63%.
• Despite Thursday’s decline, the stock remains up 57.87% over the past month.
• As of June 2025, SVF II Ostrich held 17.83% and promoters held 36.78%, while the company has recently secured PLI eligibility for its Gen 3 scooters and unveiled an indigenous 4680 Bharat cell and a rare earth metal-free motor.