Ola Electric shares in focus as EV maker plans Rs 1,000 crore rights issue; stock up 63% from 52-week low
Ola Electric Mobility approved a rights issue to raise up to ₹1,000 crore through partly paid-up equity shares, with the offer set to open on October 22, 2026. The company will issue 37,02,72,665 shares at ₹27 each, with a record date of October 13, 2026. Shares have risen 63% from their 52-week low of ₹22.25, reached on March 16.