Submission of Letter of Offer for Rights Issue of partly paid-up Equity Shares of Ola Electric Mobility Limited

Rights Issue of up to 37.03 crore partly paid-up equity shares at ₹27 each announced - Rights Entitlement ratio: 2 shares for every 25 fully paid shares held on record date Oct 13, 2026 - Issue size up to ₹999.74 crore; 60% payable on application, balance on or before Oct 31, 2027 - Net proceeds to be used for debt repayment, organic growth, and general corporate purposes - In-principle approvals received from BSE and NSE for listing - Rights Entitlements credited to demat accounts; tradable Oct 22-26, 2026 - Promoter and promoter group to fully subscribe to their entitlements - Monitoring agency appointed to oversee utilization of proceeds