Ola Electric fixes Oct 13 as record date for up to Rs 1,000 cr Rights Issue

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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 has fixed October 13, 2026 as the record date for its Rights Issue of up to about Rs 1,000 crore. The issue offers 37.03 crore partly paid-up equity shares at Rs 27 each (Rs 10 face value plus Rs 17 premium), in the ratio of 2 rights shares for every 25 held. Payment is split into 60 percent on application (Rs 16.20) and 40 percent on the first and final call (Rs 10.80) by October 31, 2027. Issue opens October 22 and closes October 30, 2026.

Likely market impact

Shareholders on record date get rights entitlement; partly dilutive but supports fundraising. Cash outflow only on application and later call.