SoftBank trims stake in Ola Electric by 2.15%

Ola Electric’s early investor SoftBank trimmed its stake in the EV company by more than 2% through open market transactions between July 15, 2025 to September 2, 2025.

SoftBank, through its investment arm SVF II OSTRICH (DE) LLC, sold 94.9 million shares, trimming its stake by 2.15% and breaching the 2% threshold under SBI takeover regulations, as per its filing with the BSE and NSE.

Prior to the transaction, SoftBank held 786.5 million shares, representing a 17.83% stake in the company. Following the sale, its shareholding has reduced to 15.68%.

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