Ola Electric Mobility Limited announced a significant change in its financial leadership. The Board of Directors, in a meeting held on January 19, 2026, approved the appointment of Mr. Deepak Rastogi as the new Chief Financial Officer (CFO) of the company. Mr. Rastogi, a veteran finance and business leader with over 30 years of experience, will also be part of the Key Managerial Personnel and Senior Management Personnel, with his tenure commencing on January 20, 2026.

Concurrently, the Board noted the resignation of Mr. Harish Abichandani from the position of CFO, effective at the close of January 19, 2026. The Board expressed its appreciation for Mr. Abichandani's contributions during his service.

Mr. Rastogi brings a wealth of experience from various sectors including automotive, manufacturing, and chemicals. He is a Chartered Accountant and MBA, with expertise in P&L leadership, capital markets, fundraising, M&A, IPO readiness, strategy, transformation, and governance. He has advised and led equity transactions worth approximately $1 billion (₹8,300 crore). His appointment is expected to strengthen the company's financial strategy and execution rigor.

The Board of Directors meeting began at 07:00 PM (IST) and concluded at 07:20 PM (IST) on January 19, 2026.