Ola Electric Mobility shares came under pressure following news that Japan-based investment giant SoftBank has reduced its stake in the electric vehicle company for the second time within six months. The stock experienced notable volatility during the trading session as investors reacted to this development.

Stock Performance Details

The company's shares showed mixed movement throughout the trading day, reflecting market uncertainty around the stake reduction news.

The stock initially fell by 2.32% during intraday trading but managed to pare some losses as the session progressed, ultimately closing 1.71% lower at ₹39.77 per share.

SoftBank's Strategic Move

This marks the second instance within six months where SoftBank has opted to reduce its holdings in Ola Electric, indicating a strategic repositioning by the Japanese conglomerate. The repeated stake reductions suggest ongoing portfolio optimization efforts by one of the company's significant institutional investors.

Market Implications

The stake reduction by a major investor like SoftBank typically draws attention from market participants and can influence trading sentiment. Such moves often prompt investors to reassess their positions and evaluate the underlying factors driving institutional investment decisions in the electric vehicle sector.

The electric mobility space continues to witness dynamic investor behavior as companies navigate growth challenges and market positioning strategies. Institutional investors' portfolio adjustments remain closely watched indicators of sector sentiment and individual company prospects.

Ola Electric Mobility witnessed a significant stake reduction by SoftBank affiliate SVF II OSTRICH (DE) LLC, which disposed of 94.63 million equity shares through a series of open market transactions. The disposal, conducted between September 3, 2025, and January 5, 2026, has triggered mandatory disclosure requirements under SEBI regulations due to the substantial nature of the transaction.

Transaction Overview

The comprehensive disposal involved 94,628,299 equity shares, representing 2.15% of Ola Electric's total voting capital. SVF II OSTRICH (DE) LLC executed these transactions through open market sales over a period spanning approximately four months. The final disposal on January 5, 2026, involving 8,423,833 equity shares, breached the 2% threshold specified under Regulation 29(2) of SEBI Takeover Regulations, necessitating formal disclosure.

Shareholding Pattern Changes

The disposal significantly altered SVF II OSTRICH (DE) LLC's position in Ola Electric Mobility Limited. Prior to these transactions, the entity held 691,623,720 equity shares, constituting 15.68% of the company's total share capital. Following the completion of all disposals, the shareholding reduced to 596,995,421 equity shares, representing 13.53% of the total voting capital.

Company Capital Structure

Ola Electric Mobility Limited's equity capital structure remained unchanged throughout the disposal period. The company maintains a total equity share capital of 4,410,829,885 shares with a face value of ₹10.00 per equity share, translating to a total capital value of ₹44,108,298,850. The disposal did not involve any encumbrances, warrants, convertible securities, or other instruments that could affect voting rights.

Regulatory Compliance

The disclosure was filed under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. SVF II OSTRICH (DE) LLC, represented by Director Casey Rogers, submitted the mandatory filing to both BSE Limited and National Stock Exchange of India Limited on January 7, 2026. The entity confirmed it does not belong to the promoter or promoter group of Ola Electric Mobility Limited and has no persons acting in concert for this transaction.

Market Implications

The substantial disposal by a major institutional investor represents a significant development in Ola Electric's shareholding pattern. SVF II OSTRICH (DE) LLC's reduction from 15.68% to 13.53% stake indicates a strategic repositioning while maintaining a substantial presence in the electric mobility company. The transactions were conducted entirely through open market mechanisms, ensuring transparency and regulatory compliance throughout the disposal process.