Japanese funding large SoftBank Group has lowered its holding in Ola Electrical Mobility Ltd by promoting a small portion of its stake by open-market transactions.

Regardless of the discount, SoftBank continues to stay one of many firm’s largest shareholders.

In line with regulatory disclosures filed with inventory exchanges, SoftBank’s funding arm, SVF II Ostrich (DE) LLC, offered practically 9.5 crore fairness shares of Ola Electrical between September 3, 2025, and January 5, 2026. The cumulative sale represents about 2.15% of the corporate’s fairness and triggered obligatory disclosure after crossing the two% threshold prescribed beneath takeover laws.

Earlier than these transactions, SVF II Ostrich held 69.16 crore shares, representing a 15.68% stake in Ola Electrical. After the sale, its holding declined to 59.7 crore shares, or a 13.53% stake. The regulatory filings didn’t state the explanations for the divestment.

This was not the primary time SoftBank lowered its publicity to Ola Electrical. Between July and September 2025, the SoftBank entity had offered an identical tranche of round 9.5 crore shares, which lowered its stake from 17.83% to fifteen.68%.

The most recent stake discount comes amid broader modifications in Ola Electrical’s shareholding. Z47, previously often called Matrix Companions India, has totally exited its funding within the firm. The enterprise capital agency was an early investor and had co-led a funding spherical in 2019 together with Tiger World.

Regulatory filings confirmed that Z47 had been step by step lowering its holding for the reason that quarter ended December 31, 2024, and held 1.93% of the corporate as of the primary quarter of fiscal yr 2026.

Across the identical interval, Ola Electrical’s founder and CEO, Bhavish Aggarwal, offered 2.6 crore shares by a bulk deal, elevating about Rs 91 crore. The corporate acknowledged that the sale, representing roughly 0.6% of its fairness, was carried out to repay a promoter-level mortgage. The shares have been offered at a mean worth of Rs 34.99 per share.

As of September 2025, Aggarwal held a 30.02% stake within the firm. Ola Electrical additionally stated that reimbursement of a Rs 260-crore mortgage would consequence within the launch of shares that had earlier been pledged by the promoter.