Ola Electrical has accredited an funding of Rs 2,000 crore in two of its wholly owned subsidiaries as the electrical automobile maker appears to be like to strengthen its EV and battery operations.

Its board accredited a Rs 1,500 crore funding in Ola Electrical Applied sciences Non-public Restricted (OET) and a Rs 500 crore funding in Ola Cell Applied sciences Non-public Restricted (OCT), in accordance with the corporate’s inventory alternate submitting.

The investments can be made via obligatory convertible desire shares of Rs 10 every issued at par and are anticipated to be accomplished on or earlier than 14 Might 2027.

OET, which manufactures and provides electrical automobiles and offers providers throughout the EV worth chain, reported turnover of Rs 4,717.48 crore in FY25, down from Rs 5,149.02 crore in FY24.

OCT, which manufactures, processes, assembles, exports, sells, repairs and distributes batteries and cells, posted turnover of Rs 73 crore in FY25, in contrast with Rs 3.97 crore in FY24.

The corporate mentioned the fund infusion into each subsidiaries is meant to assist their enterprise necessities. Ola Electrical added that each entities will stay wholly owned subsidiaries after the funding, with the mum or dad firm persevering with to keep up 100% management, instantly or not directly.

The submitting additionally said that the transaction is being performed on an arm’s-length foundation and that neither the promoter nor the promoter group has any curiosity within the transaction, aside from the disclosed related-party relationship arising from Ola Electrical’s possession of the subsidiaries.

The transfer comes asOla Electrical seeks to develop its EV and battery manufacturing operations amid intensifying competitors in India’s electrical two-wheeler market.

The corporate just lately confirmed indicators of a gross sales restoration after a number of months of decline. Registrations greater than doubled in March, and the momentum continued in April, when Ola Electrical’s market share rose to eight.18%.

In Q3 FY26, Ola Electrical’s income from operations fell 55% year-on-year to Rs 470 crore, whereas its web loss narrowed year-on-year to Rs 487 crore as working bills declined.