{
  "id": 16077467,
  "title": "Ola Electric rights issue draws applications for 2.39 crore shares from Motilal Oswal, Calliope Capital",
  "url": "https://urgent.news/2026/10/22/ola-electric-rights-issue-draws-applications-for-2-39-crore-shares",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-22T17:29:24.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/stock-markets/ola-electric-rights-issue-draws-applications-for-239-crore-shares-from-motilal-oswal-calliope-capital/article71613068.ece"
  },
  "original_language": "en",
  "account": null,
  "summary": "Ola Electric, the Indian electric vehicle maker, has received applications from Motilal Oswal and Calliope Capital Advisors for a combined 2.39 crore shares in its ₹1,000-crore rights issue. The company aims to raise ₹999.74 crore by issuing 37.03 crore partly paid-up equity shares at ₹27 apiece. Motilal Oswal applied for 1.28 crore shares, while Calliope Capital Advisors applied for 1.10 crore shares. The rights issue opened on Thursday and will close on October 30, with two Ola Electric promoter-group entities renouncing their rights entitlements in favor of investors.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Economic Times Tech",
        "title": "Ola Electric rights issue: Motilal Oswal entities apply for 2.39 crore shares",
        "url": "https://urgent.news/2026/10/22/ola-electric-rights-issue-motilal-oswal-entities-apply-for-2-39-crore",
        "published": "2026-10-22T05:42:48.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}