Ola Electric Mobility passed all proposed resolutions at its ninth Annual General Meeting held on September 30, 2026. The meeting, conducted via video conferencing, approved the adoption of financial statements for FY26 and authorized the raising of funds through securities issuance.

The company secured shareholder consent to increase its authorized equity share capital and alter the Memorandum of Association accordingly. This move aligns with the special resolution approving the issuance of securities to raise capital.

Voting participation and turnout

The company disclosed that 113 public shareholders attended the meeting through video conferencing, while no promoters or promoter group members participated via this mode. The total number of shareholders on the cut-off date of September 24, 2026, stood at 1,940,458. Voting was conducted through remote e-voting and e-voting during the meeting, with all items passing by requisite majority.

Board changes and director re-appointments

Shareholders approved the re-appointment of key board members to ensure governance continuity. The following directors were confirmed in their roles:

• Arun Sarin: Re-appointed as Non-Executive Director (retiring by rotation). Passed with 99.67% votes in favour.
• Manoj Kumar Kohli: Re-appointed as Non-Executive Independent Director. Passed with 96.40% votes in favour.
• Shradha Sharma: Re-appointed as Non-Executive Independent Woman Director. Passed with 96.69% votes in favour.

All appointments were passed by requisite majority through remote e-voting and e-voting during the meeting.

Financial statements and governance

The meeting adopted the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. The Board's Report and Auditor's Report were also taken as read with member consent. The proceedings were conducted in compliance with the Companies Act, 2013, and SEBI Listing Regulations.

Voting results and the Scrutinizer's report are scheduled for dissemination to stock exchanges and publication on the company website by October 1, 2026.

Resolution outcomes summary

What the Numbers Show

The voting data reveals a stark divergence in shareholder sentiment between routine governance matters and strategic financial decisions. While director re-appointments faced moderate opposition (ranging from 0.33% to 3.60% against), the resolutions to increase authorized capital and raise funds received near-unanimous support, with opposition falling below 0.02%. This suggests strong institutional and public alignment with the company's capital expansion strategy despite broader governance concerns.

Ola Electric Mobility has disclosed a revised list of Key Managerial Personnel (KMP) and officers to stock exchanges. The update, approved by the Board on September 28, 2026, aligns with Regulation 30(5) of the SEBI Listing Regulations for determining materiality of events.

The filing specifies that this disclosure is intended for making timely disclosures to stock exchanges under Regulation 30 and Schedule III. The revised list includes the Chairman and Managing Director, Group Chief Legal Officer, Chief Financial Officer, and Company Secretary.

Revised personnel structure

The company identified four key individuals responsible for determining the materiality of events or information. This structural update ensures compliance with regulatory requirements for prompt and accurate market disclosures.

Regulatory compliance details

The intimation was submitted to both the National Stock Exchange of India and BSE Limited. The document was digitally signed by Deepak Rastogi, Chief Financial Officer, from Bengaluru. The revised list is also available on the company’s investor relations website for public access.