Archive · 5 Sep 2025
SoftBank Sells Ola Electric Shares, Stock Price Falls
SoftBank, an investor in Ola Electric, sold shares between July and September 2025, causing the stock price to drop.
The sale of approximately 94.9 million shares reduced SoftBank's stake by over 2%, leaving them with 15.68% ownership.
This caused an 8% drop in the stock price during the trading session.
The stock had previously rallied nearly 80% in the last three weeks.
Ola Electric had an IPO in August 2024 at Rs 76.
It hit a 52-week high of Rs 123.9 and has been recovering after a drop to Rs 39.6.
Ola Electric sold 18,972 units in August 2025, 31% lower than last year.
SoftBank cut its stake in Ola Electric through open market deals.
SoftBank sold approximately 94.9 million shares between July 15 and September 2.
The sale reduced SoftBank's stake to 15.68%.
Ola Electric shares fell nearly 8% after the announcement.
The stock had surged 80% in the past three weeks before the decline.
- Who
- SoftBank, Ola Electric
- What
- SoftBank reduced its stake in Ola Electric
- When
- July 15 - September 2
- Where
- Ola Electric
- Why
- SoftBank sold shares
- Investor
- SoftBank
- Stake Reduction
- 2.15%
- New Stake
- 15.68%
- Shares Sold
- 94.9 million
- Stock Drop
- 8%
- Sale Dates
- July 15 - September 2
- Listing Date
- August 2024
Sources
Ola Electric shares tumble 7% as SoftBank entity cuts stake
Japan's SoftBank trims stake in Ola Electric to 15.7%
SoftBank cuts stake in Ola Electric by 2.15%, now owns 15.68%
SoftBank trims stake in Ola Electric to 15.68% after selling 94.9 million shares
Lack of financial control sweeps across Ola Electric
Bhavish Aggarwal-led Ola Electric Share In Focus After SoftBank Cuts Stake To 15.68%
OLA Electric slides 3%: Why is SoftBank cutting stake — What investors should know
Ola Electric shares tank 6%, extend two day fall to 14%; Goldman Sach up price target
Ola Electric shares decline 12% in 2 sessions after Softbank trims stake in firm to 15.68%
Ola Electric shares tumble 8% as SoftBank trims stake
