SoftBank Trims 2.15 Percent Stake in Ola Electric, Holding Falls to 13.53 Percent

New Delhi, January 9, 2026: Ola Electric Mobility Limited (NSE: OLAELEC) witnessed selling pressure in Friday’s trade after Japanese investment major SoftBank pared its stake in the electric two-wheeler manufacturer through its investment arm, SVF II Ostrich (DE) LLC.
SVF II Ostrich (DE) LLC has sold 9.46 crore equity shares of Ola Electric in a series of transactions carried out between September 3, 2025 and January 5, 2026. The cumulative sale resulted in a reduction of 2.15 percent in its shareholding in the company.
Following these transactions, the SoftBank-backed entity’s stake in Ola Electric has declined to 13.53 percent from 15.68 percent earlier.

Second Round of Stake Reduction in FY26​

This marks the second phase of stake dilution by SVF II Ostrich (DE) LLC in the current financial year. In an earlier round, the investor had offloaded 9.49 crore shares between July 15, 2025 and September 2, 2025, which had reduced its holding from 17.83 percent to 15.68 percent.
With the latest sale, SoftBank has cumulatively reduced its ownership by over 4 percentage points since mid-2025, though it continues to remain a significant shareholder in the company.

Share Price Reaction​

Ola Electric shares traded lower in Friday’s session, reflecting the overhang from sustained institutional selling.
The stock opened at ₹40.27 and slipped steadily through the session, with selling pressure visible across most of the trading day. Order book data showed a higher proportion of sell quantity compared with buy orders, indicating near-term supply pressure.

About the Company​

Ola Electric Mobility Limited is a listed electric vehicle manufacturer focused on electric two-wheelers and advanced EV technology. The company operates one of the largest integrated electric scooter manufacturing facilities in India and is a key participant in the country’s rapidly growing electric mobility ecosystem.

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