To avail this RIGHTS offer you need to have Ola Shares in your demat account. Today 12th Oct is last date

The Ola Electric Rights Issue is a corporate fundraise through which the company aims to raise approximately ₹999.74 crore.

It gives existing shareholders an invitation to purchase additional, newly issued shares of the company at a discounted price.

Key Details of the Ola Rights Offer:

• The Issue Price: ₹27 per equity share. (This is priced significantly lower than its open-market trading value to incentivize existing investors).
• The Entitlement Ratio: 2 Rights Shares for every 25 shares you hold. For example, if you own 25 shares of Ola Electric, you have the right to buy 2 new shares at ₹27 each.

• The Payment Breakdown:
  • First Call (On Application): You pay ₹16.20 per share (60% of the price) when you apply.
  • Final Call: The remaining ₹10.80 per share will be collected at a later date set by the board (expected by October 31, 2027).
  • The Rights Issue opens on 22 Oct 2026 and closes on 30 Oct 2026.

HOW TO APPLY FOR OLA ELECTRIC RIGHTS ISSUE:

In your Stock App or Website an new Share will show up under “HOLDINGS” called Ola Electric-RE… Rights Entitlement (RE)… along with the corresponding number of shares you are eligible to apply… you can also confirm in your email from Ola the number of shares you are eligible to apply… In some websites and app it might show up under IPO menu as “Rights Issue”. It also shows the button BUY or SELL.

There you can either buy your eligible shares or sell it… or take no action.

This is not an advice to buy or sell the stock… Stock Markets are very volatile and experiences price-fluctuations rapidly… so its better to check with your financial advisor before you take the appropriate action.