Ola Electric announces rights issue at Rs 27 per share, ratio 2:25

Fund Raising View source PDF Explain this filing

OLAELEC · price

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Price reactionminutes from the announcement price · days from the prior close

-3.4%Reaction day

₹36.26

prior close

₹36.02

announcement price

After-mkt

timing

Nifty Smallcap 250market-2.4%-1.0% vs market

2/3 Wheelers peers, median of 8sector-2.6%-0.8% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Smallcap 250 and 0.8 pts less than its 2/3 Wheelers peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.4

10m

-0.9

15m

-0.8

30m

-2.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.4-2.4-1.0-2.6-0.8

Next day

-3.1-1.9-1.2-0.8-2.3

-1.0-0.8-0.2+1.9-3.0

-3.3-0.5-2.9+2.5-5.8

-1.5-0.5-1.1+0.8-2.4

-3.1-1.6-1.4+2.6-5.7

-5.4-2.7-2.7+2.1-7.5

15d

-8.8pendingpending+3.5-12.3

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UpDownMarket · Nifty Smallcap 250Sector · 2/3 Wheelers peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Ola Electric's board approved a rights issue of up to Rs 1,000 crores via 37.03 crore partly paid-up equity shares at Rs 27 each (Rs 10 face value + Rs 17 premium). Ratio is 2 shares for every 25 held. Record date is October 13, 2026; issue opens October 22 and closes October 30, 2026. Payment is in two tranches: 60% on application (Rs 16.20) and 40% on call (Rs 10.80) by October 31, 2027.

Likely market impact

Eligible shareholders can buy 2 new shares for every 25 held. Dilution risk if undersubscribed; partly paid structure reduces upfront cash outflow.