**SoftBank Reduces Stake in Ola Electric Amid Market Activity**
**Meta Description:** SoftBank has sold a 2.15% stake in Ola Electric, reducing its ownership from 15.68% to 13.53% through open market transactions.
**URL Slug:** softbank-sells-stake-ola-electric
**SoftBank Reduces Stake in Ola Electric Amid Market Activity**
In a recent exchange filing, it was revealed that Japan’s SoftBank has divested a 2.15% stake in Ola Electric through open market transactions conducted between September 3, 2025, and January 5, 2026. This move has decreased SoftBank’s ownership in the electric vehicle company from 15.68% to 13.53% via its investment vehicle, SVF II OSTRICH.
The filing detailed that SVF II OSTRICH (DE) LLC disposed of a total of 94,628,299 equity shares of Ola Electric Mobility Limited during this period. Notably, the transaction on January 5, 2026, crossed the 2% threshold outlined in Regulation 29(2) of the SEBI Takeover Regulations.
In a prior series of transactions from July 15, 2025, to September 2, 2025, SVF II OSTRICH (DE) LLC had already sold 94,943,459 equity shares, which reduced its stake from 17.83% to 15.68%.
Following the announcement on January 9, 2026, Ola Electric’s share price experienced a decline of 2.42%, settling at ₹39.49 by 4:08 PM.
In related news, Bhavish Aggarwal, the founder and promoter of Ola Electric Mobility, sold an additional 4.2 crore shares on December 17, 2025, after offloading 2.6 crore shares the previous day. These sales were aimed at fully repaying a ₹260 crore loan at the promoter level. Ola Electric clarified that this share sale was a one-time, limited monetization of the founder’s personal stake, specifically to address the loan repayment.
As of the end of the September 2024 quarter, Ola Electric Mobility had approximately 14.1 lakh retail shareholders, who collectively owned 8% of the company. By the end of the September 2025 quarter, the number of retail investors surged to 19 lakh, with their total ownership increasing significantly to 17.3%.
**FAQ**
**What prompted SoftBank to sell its stake in Ola Electric?**
SoftBank’s decision to reduce its stake in Ola Electric appears to be part of a broader strategy to manage its investment portfolio, as indicated by the series of open market transactions aimed at adjusting its ownership percentage.