OLAELEC NSE filing

Ola Electric Appoints Deepak Rastogi as CFO, Notes Harish Abichandani's Resignation

The RealCase readMedium impact Neutral

Ola Electric appointed Deepak Rastogi as Chief Financial Officer, effective January 20, 2026. The company also noted the resignation of CFO Harish Abichandani, effective January 19, 2026. Rastogi brings over 30 years of finance leadership experience.

Why it matters

Changes in key management positions like CFO can have a medium-term impact on financial strategy and investor confidence. The appointment of an experienced professional suggests continuity and potential for strategic financial management.

The market read

The announcement details a CFO appointment and a resignation. While the appointment of a seasoned professional is positive, the resignation is a neutral event in itself, making the overall sentiment neutral.

Ola Electric Mobility Limited announced significant changes in its finance leadership following a Board of Directors meeting held on January 19, 2026. The Board has approved the appointment of Mr. Deepak Rastogi as the new Chief Financial Officer (CFO) of the Company, effective January 20, 2026. Mr. Rastogi, a seasoned finance professional with over 30 years of experience across various industries, including automotive and manufacturing, brings expertise in P&L leadership, capital markets, fundraising, M&A, and IPO readiness.

The Board also noted the resignation of Mr. Harish Abichandani from the position of CFO, with his last day being January 19, 2026. The Board expressed its appreciation for Mr. Abichandani's contributions during his tenure. The meeting commenced at 07:00 PM (IST) and concluded at 07:20 PM (IST).

Mr. Rastogi's profile highlights his extensive experience in leading finance functions for multinational and Indian companies, including roles such as President and Group CFO. He has a proven track record in driving business transformation, value creation, and strengthening financial discipline. His expertise spans across various geographies and includes advising on significant equity transactions and M&A.

Filing to action

What to do with a filing like this

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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Primary source

A plain-language summary of a public exchange filing by Ola Electric Mobility Limited. Read the original for the full detail.

View original filing