NSEDisclosure under SEBI Takeover Regulations22 Jun 2026 · 22 Jun 2026, 05:44 pm
Disclosure under SEBI Takeover Regulations
Ola Electric Mobility Limited · OLAELEC
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Bhavish Aggarwal, promoter of Ola Electric Mobility Limited, has disclosed under SEBI Takeover Regulations that neither he nor persons acting in concert have created any new encumbrances on their shares in the company during the financial year ended March 31, 2026, beyond those previously disclosed. This is a compliance filing under Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The disclosure includes a list of the promoter and promoter group entities.
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Bhavish Aggarwal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Date: April 9, 2026
The Department of Corporate Services
BSE Limited
25th Floor, Pheroze Jeejeebhoy Towers
Dalal Street, Fort, Mumbai -400 001
Maharashtra, India.
The Listing Department
National Stock Exchange of India Limited
Exchange Plaza, C-1, Block -G
Bandra Kurla Complex, Bandra (East)
Mumbai-400 051
Maharashtra, India.
The Audit Committee and
the Company Secretary and Compliance Officer
Ola Electric Mobility Limited
Wing C, Prestige RMZ Startech, Hosur Road,
Municipal Ward No.67, Municipal No. 140,
Koramangala VI Bk, Bengaluru South -560 095,
Karnataka, India.
SUBIECT: DISCtOSURES UNDER REGULATION 31(4) OF SECURITIES AND EXCHANGE BOARD OF
INDIA (SUBSTANTIAL ACQUISITION Of SHARES AND TAKEOVERS) REGULATIONS, 2011.
Dear Sir/ Madam,
Pursuant to Regulation 31(4) ofSEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011,
as amended by the SEBI (Substantial Acquisition of Shares & Takeovers) (Second Amendment)
Regulations, 2019 ("Takeover Code"), I, Bhavish Aggarwal, promoter of Ola Electric Mobility Limited
("Company"), hereby confirms that neither I nor persons acting in concert with me have created any
encumbrance, directly or indirectly, on the shares held in the Company during the financial year ended
March 31, 2026, other than those already disclosed during the financial year.
List of Promoter and Promoter group is enclosed as Annexure-A.
In compliance with the provision mentioned in Regulation 31(5) of the Takeover Code, we
request to the Company to place this disclosure at the ensuing audit committee meeting of the Company.
,. , Kindly take on record the above information and acknowledge the receipt of the same.
Thanking You,
Bh •. Aggarwal
Promoter, Ola Electric Mobility Limited
Bengaluru
Annexure-A
List of Promoter and Promoter group
Sr. No. Name of Promoter / Promoter Group
1 Bhavish Aggarwal
2 Naresh Kumar Aggarwal
3 Usha Aggarwal
4 Rajalakshmi Aggarwal
5 Ankush Aggarwal
6 Vijayam Raghunathan
7 Naresh Aggarwal HUF
8 BA Family Office LLP
9 Indus Trust (through its trustee Ankush Aggarwal)
10 OLA Foundation
11 ANI Technologies Private Limited
12 Geospoc Geospatial Services Private Limited
13 Goddard Technical Solutions Private Limited
14 Ola Financial Services Private Limited
15 Ola Fleet Technologies Private Limited
16 Ola Stores Technologies Private Limited
17 Pisces Eservices Private Limited
18 Ola Singapore Pte Ltd
19 Krutrim AI Designs LLP
20 Krutrim Silicon Private Limited
21 Krutrim SI Designs Private Limited
22 Krutrim Data Centre Private Limited
23 Krutrim Cloud Private Limited