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SoftBank’s investment vehicle sold 3.58 crore rights entitlements. Motilal Oswal Financial Services and Calliope Capital Advisors applied for a combined 2.39 crore shares under the rights issue on its opening day, 22 October.
SVF II Ostrich (DE) LLC sold the entitlements cumulatively through October 26, according to NSE bulk-deal data. Ola Electric was seeking to raise ₹1,000 crore through a rights issue.