[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-201413-105":3,"doc-detail-201413-en":81,"detail-sidebar-cat-0-en-105":96},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":74,"head_meta":76,"extra_data":78,"updated_unix":80},105,"en","ola-electric-mobility-limited-allotment-of-non-cumulative-and-non-participating-0001-series-a-ocrps-intimation","OLA ELECTRIC MOBILITY LIMITED - ALLOTMENT OF NON-CUMULATIVE AND NON-PARTICIPATING 0.001% SERIES A OCRPS - INTIMATION","","Formal stock exchange intimation regarding allotment of Non-cumulative and Non-participating 0.001% Series A Optionally Convertible Redeemable Preference Shares (OCRPS). Ola Electric Technologies Private Limited (OET) approved the second tranche of 25,00,00,000 OCRPS with face value INR 10 each, aggregating to INR 250,00,00,000, on a preferential basis via private placement to Ola Cell Technologies Private Limited (OCT). The letter cites shareholder approval for variation of IPO object/terms under SEBI LODR Regulation 30 and encloses the required Annexure-A details.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/document/","Document",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/document/research-report/","Research & 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Hayes","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-11-02","2026-09-04",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",12,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"What is the subject of this stock exchange intimation?","Question",{"text":63,"@type":64},"The intimation relates to the allotment of Non-cumulative and Non-participating 0.001% Series A Optionally Convertible Redeemable Preference Shares (OCRPS) by OLA Electric Technologies Private Limited (OET).","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"Which tranche and quantities were approved by OET?",{"text":68,"@type":64},"At its Board meeting on October 29, 2025, OET approved the second tranche of 25,00,00,000 OCRPS with face value INR 10 each, for total consideration of INR 250,00,00,000.",{"name":70,"@type":61,"acceptedAnswer":71},"What disclosures are included as Annexure-A?",{"text":72,"@type":64},"Annexure-A provides details required under Regulation 30 of SEBI (LODR), including type of securities, type of issuance, total quantity/amount, investor information, subscription outcome, issue price, and notes regarding conversion.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},201413,1788533314,{"code":4,"msg":82,"data":83},"success",{"doc_id":79,"user_id":84,"nickname":42,"user_avatar":85,"doc_module":4,"category_id":86,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":87,"file_id":88,"file_url":89,"file_type":90,"file_size":91,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":30,"language":92,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":93,"faqs":94,"seo_title":95,"seo_description":12,"update_tm":80,"read_time":86,"preview_page_count":4},687207020761,"https://ap-avatar.wpscdn.com/davatar_155a257f0dc6eb9ab79c44ca47cae57d",8,"Date: October 30, 2025  \nTo,  \nNational Stock Exchange of India Ltd.,  \nAddress: Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai-400051, Maharashtra, India.  \nNSE Scrip Symbol: OLAELEC  \nTo,  \nBSE Limited  \nAddress: Phiroze Jeejeebhoy Towers Dalal Street Mumbai-400001, Maharashtra, India.  \nBSE Scrip Code: 544225  \nSUBJECT: ALLOTMENT OF NON-CUMULATIVE AND NON-PARTICIPATING 0.001% SERIES A OPTIONALLY CONVERTIBLE REDEEMABLE PREFERENCE SHARES (“OCRPS”) BY OLA ELECTRIC TECHNOLOGIES PRIVATE LIMITED (“OET”), A MATERIAL WHOLLY OWNED SUBSIDIARY OF OLA ELECTRIC MOBILITY LIMITED (“THE COMPANY”).  \nREFERENCE: REGULATION 30 OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 (“SEBI LODR REGULATIONS”).  \nDear Sir/Madam,  \nPursuant to the approval of the shareholders of the Company for variation of the objects / terms of utilisation of the Initial Public Offering (“IPO”) proceeds at the Annual General Meeting of the Company held on August 22, 2025, and in continuation of our intimation dated October 07, 2025, we wish to inform you that Ola Electric Technologies Private Limited (“OET”), a material wholly owned subsidiary of the Company, has, at its Board meeting held on October 29, 2025, approved the second tranche of allotment of 25,00,00,000 (Twenty-Five Crore), Non-cumulative and Non-participating, 0.001% Series A Optionally Convertible Redeemable Preference Shares (“OCRPS”), having a nominal value of INR 10/ -(Rupees Ten only), each, aggregating to a total consideration of INR 250,00,00,000 (Rupees Two Hundred and Fifty Crore only), to Ola Cell Technologies Private Limited (“OCT”), a material wholly owned subsidiary of the Company and fellow subsidiary of OET, on a preferential basis through private placement.  \nDetails for the further tranches will be intimated as and when funds are infused and allotments are made by OET.  \nThe details required under Regulation 30 of SEBI LODR Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 are enclosed as Annexure-A.  \nThe Board Meeting of OET commenced at 03:30 p.m. (IST) and concluded at 04:00 p.m. (IST) .  \nThis intimation will also be made available on the website of the Company and can be accessed using the below link: [https://www.olaelectric.com/investor-relations/announcements](https://www.olaelectric.com/investor-relations/announcements).  \nWe request you to take the above on your record.  \nThanking You,  \nYours faithfully,  \nFor and on behalf of OLA ELECTRIC MOBILITY LIMITED  \nAbhishek Jain  \nCompany Secretary & Compliance Officer Membership No.: A62027  \nPlace: Bengaluru  \nABHISHEK JAIN  \nDigitally signed by ABHISHEK JAIN Date: 2025.10.30  \n02:20:35 +05'30'  \nAnnexure-A  \nThe details required under Regulation 30 of SEBI (LODR) read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.  \n\n| Sr.\u003Cbr>No. | Particulars | Details |\n| --- | --- | --- |\n| 1 | Type of securities proposed to be issued (viz. equity shares, convertibles etc.); | Non-Cumulative and non-participating 0.001% Series A Optionally Convertible Redeemable Preference Shares (“OCRPS”) having a face value of INR 10 (Rupees Ten only) |\n| 2 | Type of issuance (further public offering, rights issue, depository receipts (ADR/GDR), qualified institutions placement, preferential allotment etc.); | Preferential allotment through private placement |\n| 3 | Total number of securities proposed to be issued orthe total amount for which the securities will be issued (approximately); | 25,00,00,000 (Twenty-Five Crore) OCRPS of face value INR 10 (Rupees Ten only) each, at a consideration aggregating to INR 250,00,00,000 (Rupees Two Hundred and Fifty Crore only) |\n| 4 | In case of preferential issue the listed entity shall disclose the following additional details to the stock exchange(s):\u003Cbr>i. names of the investors;\u003Cbr>[ii. post](ii. post) allotment of securities - outcome of the s","cbCaidf4p0dsPVbH","https://ap.wps.com/l/cbCaidf4p0dsPVbH","pdf",3675510,"English","# Intimation to Stock Exchanges\n## Subject and Reference\n## Board Meeting Approval and Tranche Details\n## Annexure-A: Regulation 30 Disclosures","[{\"question\":\"What is the subject of this stock exchange intimation?\",\"answer\":\"The intimation relates to the allotment of Non-cumulative and Non-participating 0.001% Series A Optionally Convertible Redeemable Preference Shares (OCRPS) by OLA Electric Technologies Private Limited (OET).\"},{\"question\":\"Which tranche and quantities were approved by OET?\",\"answer\":\"At its Board meeting on October 29, 2025, OET approved the second tranche of 25,00,00,000 OCRPS with face value INR 10 each, for total consideration of INR 250,00,00,000.\"},{\"question\":\"What disclosures are included as Annexure-A?\",\"answer\":\"Annexure-A provides details required under Regulation 30 of SEBI (LODR), including type of securities, type of issuance, total quantity/amount, investor information, subscription outcome, issue price, and notes regarding conversion.\"}]","OLA ELECTRIC MOBILITY LIMITED - ALLOTMENT OF NON-CUMULATIVE AND NON-PARTICIPATING 0.001% SERIES A OCRPS - INTIMATION | PDF",{"code":4,"msg":82,"data":97},[98,102,106,110,115,120,125,128,133,136,140],{"id":22,"doc_module":4,"doc_module_name":25,"category_name":99,"show_sort_weight":100,"slug":101},"Story & 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