SoftBank Sells 2.15% Stake in Ola Electric Mobility via Open Market

• SoftBank, through SVF II Ostrich (DE) LLC, sold 2.15% of its stake in Ola Electric Mobility.
• The sale involved 94,628,299 equity shares between September 3, 2025, and January 5, 2026.
• The disposal on January 5, 2026, breached the 2 percent threshold under SEBI regulations.
• Post-transaction, SVF II Ostrich (DE) LLC's holding in Ola Electric decreased from 15.68% to 13.53%.
• This follows a previous sale of 94,943,459 shares between July 15, 2025, and September 2, 2025.

Why It Matters: SoftBank reduces its stake in Ola Electric Mobility, signaling a shift in its investment portfolio.