Japan's SoftBank has continued its divestment in Ola Electric Mobility Limited, reducing its stake by another 2.15% through a series of open market transactions. The latest disposal brings SoftBank's total ownership down to 13.53% from 15.68%, marking the second significant reduction in its holdings within the electric vehicle manufacturer.

Latest Stake Reduction Details

According to an exchange filing, SVF II OSTRICH (DE) LLC, SoftBank's investment vehicle, disposed of 94,628,299 equity shares between September 3, 2025, and January 5, 2026. The filing specifically noted that the disposal on January 5, 2026, breached the 2% threshold specified in Regulation 29(2) of the SEBI Takeover Regulations.

Previous Divestment Activity

This latest transaction follows a similar pattern from the previous year. Between July 15, 2025, and September 2, 2025, SVF II OSTRICH (DE) LLC had sold 94,943,459 equity shares, which reduced SoftBank's ownership stake from 17.83% to 15.68%. The consistent disposal activity indicates SoftBank's ongoing strategy to reduce its exposure to the electric vehicle company.

Market Impact and Share Price Movement

The exchange filing was published during market hours on Friday, January 9, which immediately impacted the stock's performance. Ola Electric's share price dropped by 2.42% to ₹39.49 at around 4:08 pm on Friday, reflecting investor reaction to the news of SoftBank's continued divestment.

Promoter Share Sales

Separately, company founder and promoter Bhavish Aggarwal had also undertaken significant share sales in December. He sold 4.20 crore shares on December 17, following an earlier sale of 2.60 crore shares the previous day. The company clarified that these promoter sales were specifically intended to fully repay a ₹260.00 crore loan at the promoter level, describing it as a one-time, limited monetisation of the founder's personal stake.

Retail Investor Growth

Despite the institutional selling pressure, Ola Electric has witnessed substantial growth in its retail investor base. The company's retail shareholder count, comprising investors with authorised share capital up to ₹2.00 lakh, increased from approximately 14.10 lakh at the end of September 2024 quarter to 19.00 lakh by September 2025 quarter.

The retail ownership percentage climbed significantly from 8.00% to 17.30% during this period, indicating growing individual investor interest in the electric vehicle manufacturer despite institutional exits.

Ola Electric Mobility has announced plans for a significant announcement on January 14, coinciding with the festival of Makar Sankranti. The electric vehicle and energy solutions company teased the upcoming event through its social media platforms, hinting at a major milestone in India's energy revolution.

Cryptic Social Media Announcement

The Bengaluru-based company posted a mysterious message that has generated considerable interest among industry observers and customers. The social media post contained specific details about the upcoming announcement:

The complete message read: "2026 This Makar Sankranti, as the sun's position moves north, we will move to the next chapter of India's energy revolution. More on January 14th. Stay tuned!"

Strategic Timing and Symbolism

The timing of the announcement appears carefully chosen to align with Makar Sankranti, a festival that marks the sun's northward journey and symbolizes new beginnings in Indian culture. This strategic alignment suggests that Ola Electric is preparing to unveil something transformative for India's clean energy landscape.

The cryptic reference to "the next chapter" indicates the company may be planning a significant expansion or breakthrough in its mission to accelerate India's transition to sustainable energy solutions. The specific mention of 2026 in the teaser suggests the announcement may involve long-term strategic plans or milestones.

Company's Energy Revolution Mission

Ola Electric has positioned itself as a key player in India's electric vehicle and energy solutions sector. The company's reference to moving "to the next chapter of India's energy revolution" aligns with its broader mission to drive sustainable transportation and energy adoption across the country.

The company has indicated that more details will be revealed at the January 14 event, building anticipation around what could be a significant development in the clean energy sector.