Ola Electric Appoints Deepak Rastogi as CFO; Harish Abichandani Steps Down

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Bengaluru, January 20, 2026: Ola Electric Mobility Limited announced a change in its senior leadership, with the Board approving the appointment of Deepak Rastogi as Chief Financial Officer, effective January 20, 2026. The development follows the resignation of the company’s existing CFO, Harish Abichandani, who stepped down from his role at the close of business on January 19, 2026, citing personal reasons.

The decision was taken at the company’s Board meeting held on January 19, 2026, which commenced at 7:00 pm IST and concluded at 7:20 pm IST.

Leadership Transition at Ola Electric​

Deepak Rastogi will assume charge as Chief Financial Officer and will be part of the company’s senior management team. He brings over three decades of experience across finance, strategy, governance, and capital markets, having worked with several large multinational and Indian organisations spanning automotive, manufacturing, chemicals, mining, industrial products, and real estate.

A Chartered Accountant and MBA by qualification, Rastogi has previously held leadership roles such as President and Group CFO, and has been closely involved in areas including capital structuring, fund-raising, mergers and acquisitions, IPO preparedness, and financial transformation initiatives. His appointment comes at a time when Ola Electric continues to scale its operations and strengthen its financial and governance framework.

Outgoing CFO’s Resignation​

The Board also took note of the resignation of Harish Abichandani from the position of Chief Financial Officer, effective January 19, 2026. The company recorded its appreciation for his contributions during his tenure and wished him well for the future.

About the Company​

Ola Electric Mobility Limited is a listed electric mobility company engaged in the manufacturing and development of electric vehicles and related technologies. Headquartered in Bengaluru, the company is focused on expanding India’s electric mobility ecosystem through innovation, scale, and integrated manufacturing capabilities.

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The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

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