SoftBank sells 2.15% stake in Ola Electric via open market

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SoftBank, through its investment vehicle SVF II Ostrich (DE) LLC, has offloaded a 2.15% stake in Ola Electric Mobility Ltd through a series of open-market transactions, according to regulatory filings with stock exchanges.

As per the disclosure, SVF II Ostrich sold nearly 9.5 crore equity shares of Ola Electric between September 3, 2025, and January 5, 2026. The transaction triggered mandatory disclosure after the cumulative sale breached the 2% threshold prescribed under takeover norms.

Prior to the sale, SVF II Ostrich held 69.16 crore shares, a…



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SoftBank sells 2.15% stake in Ola Electric via open market


SoftBank, through its investment vehicle SVF II Ostrich (DE) LLC, has offloaded a 2.15% stake in Ola Electric Mobility Ltd through a series of open-market transactions, according to regulatory filings with stock exchanges.

As per the disclosure, SVF II Ostrich sold nearly 9.5 crore equity shares of Ola Electric between September 3, 2025, and January 5, 2026. The transaction triggered mandatory disclosure after the cumulative sale breached the 2% threshold prescribed under takeover norms.

Prior to the sale, SVF II Ostrich held 69.16 crore shares, a…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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