BSECompany Update5 Oct 2026 · 5 Oct 2026, 10:53 pm

Ola Electric Mobility Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/10/2026 ,inter alia, to consider and approve Cancellation of Board Meeting to be held on October 05, 2026

Ola Electric Mobility Ltd · 544225

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Ola Electric Mobility Ltd has postponed its Board meeting scheduled for October 05, 2026, due to awaiting in-principle approval from stock exchanges for its planned Rights Issue of up to Rs. 1,000 crores.

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Earnings Impact0/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk0/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment5/10

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Ola Electric Mobility Ltd - 544225 - Board Meeting Intimation for Cancellation Of Board Meeting To Be Held On October 05, 2026

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OLA ELECTRIC MOBILITYLIMITED CIN - L74999KA2017PLC099619 Date: October 05, 2026 To, To, National Stock Exchange of India Ltd., BSE Limited Address: Exchange Plaza, C-1, Block G, Address: Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra (E), Dalal Street Mumbai- 400001, Mumbai-400051, Maharashtra, India. Maharashtra, India. NSE Scrip Symbol: OLAELEC BSE Scrip Code: 544225 Dear Sir/Madam, Subject: Intimation of the meeting of the Board of Directors of Ola Electric Mobility Limited (the “Company”). Pursuant to Regulation 29(1)(d) read with Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) and in continuation to our intimation dated September 28, 2026, it was informed that a meeting of the Board of Directors of the Company was scheduled to be held today, i.e., Monday, October 05, 2026 or after the date of receipt of in-principle approval from the stock exchanges where the securities of the Company are listed or such other regulatory authorities as may be required, whichever is later, inter alia, to consider, discuss and decide various matters in connection with the Rights Issue of partly paid-up equity shares of the Company of face value ₹10 each for an amount not exceeding Rs. 1,000 crores (Rupees One Thousand Crores), including but not limited to the specific terms of the Rights Issue, such as the determination of the Rights Issue price and related payment mechanism, rights entitlement ratio, the record date and timing of the Rights Issue and other related matters. We wish to inform you that the Company is awaiting receipt of the in-principle approval from the stock exchanges. Accordingly, the aforesaid meeting of the Board, scheduled for October 05, 2026, is being deferred. The revised date of the meeting will be intimated in due course. This intimation will also be made available on the website of the Company and can be accessed using the link: https://www.olaelectric.com/investor-relations/announcements. You are requested to kindly take the above information on record. For and on behalf of Ola Electric Mobility Limited Deepa Bansal Company Secretary and Compliance Officer Membership No. A37579 Place: Bengaluru Registered Address: Wing C, Prestige RMZ Startech, Hosur Road, Municipal Ward No.67, Municipal No. 140, Industrial Layout, Koramangala, Bengaluru – 560095, Karnataka, India | Landline: 080 35440050 | companysecretary@olaelectric.com | www.olaelectric.com