Ola Electric seeks member approval for Navalur Dattatreya Singh Shashank's appointment as Independent Director.
Ola Electric is seeking shareholder approval via postal ballot for the appointment of Mr. Navalur Dattatreya Singh Shashank as a Non-Executive Independent Director. Voting commences January 30, 2026, and concludes February 28, 2026. Mr. Shashank is Co-founder and CEO of Practo with over 17 years of experience.
The appointment of an independent director is a standard corporate governance procedure and is unlikely to have a significant immediate impact on the company's operations or financial performance.
The announcement pertains to a routine corporate governance process of appointing a director, which is standard procedure and does not inherently carry a positive or negative financial implication.
Ola Electric Mobility Limited has issued a Postal Ballot Notice dated January 19, 2026, seeking shareholder approval for the appointment of Mr. Navalur Dattatreya Singh Shashank as a Non-Executive Independent Director. Mr. Shashank, with DIN 02237496, was initially appointed as an Additional Director effective December 05, 2025, and his term is proposed to extend up to December 04, 2030.
The company is facilitating electronic voting for this resolution. The remote e-voting facility will commence on Friday, January 30, 2026, at 09:00 AM (IST) and conclude on Saturday, February 28, 2026, at 05:00 PM (IST). The notice is being sent electronically to all eligible members as of the close of business hours on Friday, January 23, 2026.
Mr. Shashank brings over 17 years of experience in building and scaling digital platforms, currently serving as the Co-founder and CEO of Practo. He holds a Bachelor of Technology degree from NITK, Surathkal, and has been recognized in Forbes 30 Under 30 and Fortune India's 40 Under 40. The company's Board of Directors believes he possesses the necessary skills and experience to contribute significantly to Ola Electric's strategy and oversight.
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Ola Electric Mobility Limited filed this with the NSE as a statutory disclosure, categorised under board changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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