Ola Electric Appoints Deepak Rastogi as CFO, Harish Abichandani Resigns
Ola Electric appointed Deepak Rastogi as CFO effective January 20, 2026. Mr. Rastogi has over 30 years of experience and has advised on transactions worth $1 billion (₹8,300 crore). The company also accepted the resignation of CFO Harish Abichandani, effective January 19, 2026.
The appointment of a new CFO is a significant management change that can impact financial strategy and investor confidence. Mr. Rastogi's extensive experience and track record suggest a potentially positive influence on financial operations and future fundraising or M&A activities.
The announcement details a routine CFO transition, with one executive resigning and another being appointed. While the new CFO has strong credentials, the change itself does not inherently signal a positive or negative shift for the company's immediate outlook.
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.
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Ola Electric Mobility Limited filed this with the NSE as a statutory disclosure, categorised under key management changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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