# Ola Electric rights issue investors

> Ola Electric investors apply for 2.39 crore rights entitlements in opening day of rights issue.
- Title: Ola Electric rights issue investors · mint | Shortify
- Summary: Ola Electric investors apply for 2.39 crore rights entitlements in opening day of rights issue. Ola Electric's promoter-linked entities transferred 2.39…
- Keywords: ola electric, motilal oswal, calliope capital, rights issue, 2.39 crore, promoter linked entities, securities and exchange board of india, news, india, Ola, Electric, rights
- Source: mint — https://livemint.com/market/stock-market-news/ola-electric-rights-issue-opens-today-who-are-the-investors-applying-for-2-39-crore-entitlements-check-details-11792657152589.html
- Author: Pranati Deva
- Published: 2026-10-22T09:21:18+00:00
- Read time: 1 min
- Topics: ola electric, motilal oswal, calliope capital, rights issue, 2.39 crore, promoter linked entities, securities and exchange board of india, news, india
## Ola Electric rights issue opens
Ola Electric's ₹1,000 crore rights issue opened October 22 at ₹27 per share and closes October 30.
## Motilal Oswal applies for 12833054 entitlements
Motilal Oswal Financial Services applied for 12,833,054 rights entitlements transferred by promoter-linked entities.
## Calliope Capital applies for 11022422 entitlements
Calliope Capital Advisors applied for 11,022,422 rights entitlements transferred by promoter-linked entities.
## Total entitlements applied for
The two investors applied for 2,38,55,476 rights entitlements, equivalent to approximately 2.39 crore.
## Rights issue details
Ola Electric approved a ₹1,000 crore rights issue with a ratio of two shares for every 25 fully paid-up shares held on record date.
## Stock performance
Ola Electric shares fell 5% to an intraday low of ₹31.31 in Thursday's trade.
## Previous stock performance
The stock had fallen 10% in one week, 16% in one month, 14% in three months, 18% in six months and 41% over one year.
## Key takeaway

Ola Electric's promoter-linked entities transferred 2.39 crore rights entitlements to Motilal Oswal Financial Services and Calliope Capital Advisors for their rights issue applications.