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Company Filings, Explained Simply

AI-powered plain-English analysis of every important corporate announcement — financial results, order wins, dividends, mergers and more. Updated live.

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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Ola Electric Mobility Ltd

Ola Electric Allots 37.02 Cr Rights Shares, Paid-up Capital Rises

FUNDRAISE ▲ Positive Development LOW RISK
📅 Filed on BSE: 02 Nov 2026, 09:02 PM IST  ·  BSE ID: 12f0c21c-8fa2-4983-b06e-9a2d65589cf9
View Original BSE Filing (PDF)
💡
In Simple Terms
Ola Electric has completed issuing new shares to existing shareholders through a rights issue, increasing its total capital.
🤖 AI Summary
  • Ola Electric allotted 37,02,72,665 partly paid-up equity shares via rights issue.
  • The allotment increases paid-up equity share capital to ₹ 48,50,57,19,120.
  • Each share was allotted at ₹ 16.20, with ₹ 6 paid-up initially.
  • This follows the Board's approval for the rights issue in September 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Number of Partly Paid-up Equity Shares Allotted
37,02,72,665
Allotment Price per Equity Share
₹ 16.20
Amount Paid-up per Equity Share on Application
Rs. 6/-
Total Paid-up Equity Share Capital Post-Allotment
₹ 48,50,57,19,120
Existing Paid-up Equity Share Capital Pre-Allotment
₹ 46,28,40,83,130
🏢 How This Affects the Company
💰
Financial Impact
The company's paid-up equity share capital has increased following the allotment of rights shares, reflecting the funds raised through this issuance.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required for shareholders unless they participated in the rights issue and have future calls to make.
👤
Who Is Affected
Shareholders who subscribed to the rights issue are now holders of partly paid-up equity shares, with future payment obligations.
🔍
Management Signal
Management has successfully executed a capital-raising exercise via a rights issue, increasing the company's equity base.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Notification of future call dates for partly paid shares.
Updates on the utilization of funds raised via rights issue.
Company's financial results for upcoming periods.
LOW RISK This filing confirms a completed capital raise, a standard corporate action.
💡 Investor Takeaway
Ola Electric has completed its rights issue allotment of 37,02,72,665 partly paid-up equity shares. Paid-up capital is now ₹ 48,50,57,19,120.
📅 Company Track Record
Ola Electric's rights issue aimed to raise capital, with the company previously announcing the closure of the issue period on October 30, 2026.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
How many partly paid-up equity shares were allotted by Ola Electric?
Ola Electric allotted 37,02,72,665 partly paid-up equity shares on a rights basis.
What is the price at which Ola Electric shares were allotted?
The partly paid-up equity shares were allotted at ₹ 16.20 per Equity Share.
What is Ola Electric's paid-up equity share capital after the rights allotment?
Ola Electric's paid-up equity share capital has increased to ₹ 48,50,57,19,120.
How much has been paid up on the newly allotted partly paid-up equity shares?
Rs. 6/- per share has been paid up on the 37,02,72,665 partly paid-up equity shares on application.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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