Specific Investor Applications

Confirmations received that the following Specific Investors submitted their applications in the Rights Issue on the Issue Opening Date (Thursday, October 22, 2026) before 11:00 A.M.:

  • ANI Technologies Private Limited (member of Promoter Group/Renouncer) renounced 12,833,054 Rights Entitlements to Motilal Oswal Financial Services Limited (Specific Investor/Renouncee), who applied for the full 12,833,054 Rights Entitlements
  • Indus Trust (through its trustee Ankush Agarwal, member of Promoter Group/Renouncer) renounced 11,022,422 Rights Entitlements to Calliope Capital Advisors LLP (Specific Investor/Renouncee), who applied for the full 11,022,422 Rights Entitlements

Total Transaction Details

Total Rights Entitlements renounced: 23,855,476

Total Rights Entitlements applied by Specific Investors: 23,855,476

Additional Information

The intimation is also available on the company's website at: https://www.olaelectric.com/investor-relations/announcements