Ola Electric Share Price in Focus as Company Announces CFO Transition

Ola Electric has announced a change in its senior finance leadership, confirming the resignation of its Chief Financial Officer, Harish Abichandani, and the appointment of Deepak Rastogi as his successor. 

The update was shared through a stock exchange filing. The development comes amid broader leadership movements within the company and shifting competitive dynamics in the electric two-wheeler segment.

CFO Resignation and Successor Appointment

The company stated that Harish Abichandani has resigned from his position as Chief Financial Officer, effective at the close of business on January 19, citing personal reasons. 

The board has approved the appointment of Deepak Rastogi as the new CFO, with his tenure commencing on January 20. 

The leadership transition has been communicated to stock exchanges through a regulatory filing.

Incoming CFO’s Professional Background

Deepak Rastogi brings over three decades of experience in financial leadership roles across automotive, manufacturing and industrial sectors.

His previous assignments include senior finance positions at Puravankara Group, Deepak Fertilisers and Petrochemicals, and Tata AutoComp Systems. 

The company indicated that his experience is expected to support financial oversight and operational planning.

Ola Electric Broader Leadership Changes

Ola Electric has witnessed several senior-level departures over the past year. Previous exits include leadership from marketing, technology and business functions.

These transitions reflect an ongoing reshaping of the company’s management structure as it adapts to evolving business priorities.

Ola Electric Share Price Performance

Ola Electric’s shares were trading lower in the latest session. As of the most recent update, the stock stood at ₹34.00, compared with a previous close of ₹35.73. The session recorded an opening price of ₹35.73, a high of ₹35.78 and a low of ₹33.85.

Read More: Ola Electric Reintroduces Muhurat Mahotsav With In-Store Offers on 4680 Bharat Cell Vehicles From Jan 14, 2026.

Conclusion

The appointment of a new Chief Financial Officer marks another step in Ola Electric’s ongoing leadership restructuring. Investors and market participants are likely to monitor how these management changes align with the company’s financial strategy and competitive positioning in the electric mobility sector.

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