Companies

Ola Electric shares tumble 5% as CFO resigns, extend losing run to 10th straight session

January 20, 2026

Ola Electric's shares fell 5% to ₹33.82, marking the tenth consecutive day of losses following the resignation of CFO Harish Abichandani, who cited personal reasons for his departure. The company has appointed Deepak Rastogi as the new CFO, effective January 20, 2026.

Ola Electric shares tumble 5% as CFO resigns, extend losing run to 10th straight session

Credit: Livemint

Key Highlights

Ola Electric's shares have lost nearly 22% over the last ten days.
CFO Harish Abichandani resigned effective January 19, 2026.
Abichandani's resignation was due to personal reasons.
Deepak Rastogi has been appointed as the new CFO starting January 20, 2026.
The resignation and stock decline have raised concerns among investors.

Business

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Ola Electric shares tumble 5% as CFO resigns, extend losing run to 10th straight session

Key Highlights

Sources

Related Stories

Kerala Blasters’ new home ground confirmed? All you need to know

Netflix goes all-cash in Warner Bros. Discovery acquisition

Telangana farmers commission team visits farms in Nasik