{"id":301366,"date":"2026-10-12T11:15:00","date_gmt":"2026-10-12T05:45:00","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=301366"},"modified":"2026-10-12T11:15:00","modified_gmt":"2026-10-12T05:45:00","slug":"ola-electric-rights-issue-avenuesai-reverse-stock-split-last-day-to-buy-before-record-date-13-october","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-avenuesai-reverse-stock-split-last-day-to-buy-before-record-date-13-october\/","title":{"rendered":"Ola Electric Rights Issue and AvenuesAI Reverse Stock Split: Last Day to Buy Before the 13 October Record Date, Rs 27 Issue Price, 2 for 25 Ratio, 10 for 1 Consolidation, How It Works and the Risks"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Ola Electric rights issue: Rs 27 partly paid, 2 for 25, Rs 999.74 cr, record date 13 Oct, issue 22-30 Oct. AvenuesAI: 10 for 1 share consolidation (Re 1 to Rs 10), record date 13 Oct. Last day to buy: 12 Oct.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Ola Electric rights issue entitles shareholders on the 13 October record date to two new shares for every 25 held at Rs 27 a share, a price about 26% below the market price of about Rs 36, with 12 October the last day to buy and qualify under T+1 settlement. The issue raises about Rs 999.74 crore from up to 37.03 crore partly paid shares, with Rs 16.20 payable on application and the remaining Rs 10.80 due by 31 October 2027, and the issue opens on 22 October and closes on 30 October, with 26 October the last date to trade the entitlements. AvenuesAI, formerly Infibeam Avenues, has fixed the same record date for a 10 for 1 share consolidation, a reverse stock split that merges 10 shares of face value Re 1 into one share of Rs 10 and does not change the total value of your holding. Neither action is a reason to buy by itself, because a rights issue dilutes holders who do not subscribe and a consolidation only changes the share count and the price per share.<\/p>\n<\/p><\/div>\n<p>Ola Electric rights issue and the AvenuesAI consolidation are two corporate actions with the same record date, which is why they appear together in the list of stocks to watch before the deadline. Under T+1 settlement, shares must be bought by 12 October to appear in the demat account on the record date of 13 October.<\/p>\n<p>If you hold or plan to buy either stock, this article covers the Ola Electric rights issue terms and an example, what a rights issue does to you, how the AvenuesAI consolidation works, a side-by-side comparison, a checklist for the last day, the risks and what to watch next.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=ola-electric-rights-issue-avenuesai-reverse-stock-split-last-day-to-buy-before-record-date-13-october\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-avenuesai-reverse-stock-split-last-day-to-buy-before-record-date-13-october\/#Ola_Electric_Rights_Issue_Terms_at_a_Glance\" title=\"Ola Electric Rights Issue: Terms at a Glance\">Ola Electric Rights Issue: Terms at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-avenuesai-reverse-stock-split-last-day-to-buy-before-record-date-13-october\/#An_Example_of_the_Ola_Electric_Rights_Issue\" title=\"An Example of the Ola Electric Rights Issue\">An Example of the Ola Electric Rights Issue<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-avenuesai-reverse-stock-split-last-day-to-buy-before-record-date-13-october\/#What_the_Ola_Electric_Rights_Issue_Means_for_Shareholders\" title=\"What the Ola Electric Rights Issue Means for Shareholders\">What the Ola Electric Rights Issue Means for Shareholders<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-avenuesai-reverse-stock-split-last-day-to-buy-before-record-date-13-october\/#AvenuesAI_Reverse_Stock_Split_How_the_10_for_1_Consolidation_Works\" title=\"AvenuesAI Reverse Stock Split: How the 10 for 1 Consolidation Works\">AvenuesAI Reverse Stock Split: How the 10 for 1 Consolidation Works<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-avenuesai-reverse-stock-split-last-day-to-buy-before-record-date-13-october\/#Ola_Electric_Rights_Issue_Versus_the_AvenuesAI_Consolidation\" title=\"Ola Electric Rights Issue Versus the AvenuesAI Consolidation\">Ola Electric Rights Issue Versus the AvenuesAI Consolidation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-avenuesai-reverse-stock-split-last-day-to-buy-before-record-date-13-october\/#Risks_Around_the_Ola_Electric_Rights_Issue_and_AvenuesAI_Reverse_Stock_Split\" title=\"Risks Around the Ola Electric Rights Issue and AvenuesAI Reverse Stock Split\">Risks Around the Ola Electric Rights Issue and AvenuesAI Reverse Stock Split<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-avenuesai-reverse-stock-split-last-day-to-buy-before-record-date-13-october\/#What_to_Watch_Next_for_the_Ola_Electric_Rights_Issue\" title=\"What to Watch Next for the Ola Electric Rights Issue\">What to Watch Next for the Ola Electric Rights Issue<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-avenuesai-reverse-stock-split-last-day-to-buy-before-record-date-13-october\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-avenuesai-reverse-stock-split-last-day-to-buy-before-record-date-13-october\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-avenuesai-reverse-stock-split-last-day-to-buy-before-record-date-13-october\/#What_is_the_Ola_Electric_rights_issue_ratio_and_price\" title=\"What is the Ola Electric rights issue ratio and price?\">What is the Ola Electric rights issue ratio and price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-avenuesai-reverse-stock-split-last-day-to-buy-before-record-date-13-october\/#What_is_the_record_date\" title=\"What is the record date?\">What is the record date?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-avenuesai-reverse-stock-split-last-day-to-buy-before-record-date-13-october\/#When_can_I_subscribe_to_the_Ola_Electric_rights_issue\" title=\"When can I subscribe to the Ola Electric rights issue?\">When can I subscribe to the Ola Electric rights issue?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-avenuesai-reverse-stock-split-last-day-to-buy-before-record-date-13-october\/#How_is_the_rights_price_paid\" title=\"How is the rights price paid?\">How is the rights price paid?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-avenuesai-reverse-stock-split-last-day-to-buy-before-record-date-13-october\/#What_is_the_AvenuesAI_reverse_stock_split\" title=\"What is the AvenuesAI reverse stock split?\">What is the AvenuesAI reverse stock split?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-avenuesai-reverse-stock-split-last-day-to-buy-before-record-date-13-october\/#Does_a_reverse_stock_split_change_my_holding_value\" title=\"Does a reverse stock split change my holding value?\">Does a reverse stock split change my holding value?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-avenuesai-reverse-stock-split-last-day-to-buy-before-record-date-13-october\/#What_if_I_ignore_the_Ola_Electric_rights_issue\" title=\"What if I ignore the Ola Electric rights issue?\">What if I ignore the Ola Electric rights issue?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/ola-electric-rights-issue-avenuesai-reverse-stock-split-last-day-to-buy-before-record-date-13-october\/#Should_I_buy_before_the_record_date\" title=\"Should I buy before the record date?\">Should I buy before the record date?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Ola_Electric_Rights_Issue_Terms_at_a_Glance\"><\/span><strong>Ola Electric Rights Issue: Terms at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Detail<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Issue size<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up to 37.03 crore partly paid equity shares, about Rs 999.74 crore if fully subscribed and all calls are paid<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Issue price<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 27 a share (face value Rs 10 plus Rs 17 premium), about 26% below the cited market price of Rs 36.32<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Entitlement<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">2 rights shares for every 25 fully paid shares held<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Record date<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">13 October 2026; last day to buy is 12 October<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Issue period<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Opens 22 October and closes 30 October<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Renunciation<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Last date for on-market trading of entitlements is 26 October<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Payment<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 16.20 (60%) on application; Rs 10.80 (40%) on the first and final call, on or before 31 October 2027<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Share count<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rises from about 462.84 crore to about 499.87 crore if fully subscribed<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Use of funds<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 350 crore for debt repayment, about Rs 400 crore for organic growth and the rest for general purposes<\/td>\n<\/tr>\n<\/table>\n<p>The Ola Electric rights issue is partly paid, so you pay only 60% now and the balance is a deferred obligation.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Check the Univest Screener for live data on EV stocks<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"An_Example_of_the_Ola_Electric_Rights_Issue\"><\/span><strong>An Example of the Ola Electric Rights Issue<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Step<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Calculation<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Result<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Shares held on record date<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">100<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Entitled to 8 rights shares (100 times 2 divided by 25)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Cost at Rs 27<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">8 times Rs 27<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 216 in total<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Payable on application<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">8 times Rs 16.20<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 129.60<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Payable by 31 October 2027<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">8 times Rs 10.80<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 86.40<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Theoretical price after the issue<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">(25 times Rs 36.32 plus 2 times Rs 27) divided by 27<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 35.6, my simple estimate that ignores the partly paid structure<\/td>\n<\/tr>\n<\/table>\n<p>The example shows the Ola Electric rights issue effect: the price per share adjusts down slightly, and holders who do not subscribe or sell their entitlements are diluted by about 8%.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track the Ola Electric rights issue and EV stocks live.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_the_Ola_Electric_Rights_Issue_Means_for_Shareholders\"><\/span><strong>What the Ola Electric Rights Issue Means for Shareholders<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Subscribe: pay Rs 16.20 per share on application and keep your ownership share.<\/li>\n<li>Sell the entitlement: trade it on the market until 26 October and take its value in cash.<\/li>\n<li>Do nothing: the entitlement lapses, you are diluted and you may lose the value of the discount.<\/li>\n<li>Promoter role: Bhavish Aggarwal has said he will subscribe on the same terms, and reports say he pledged a 4.32% stake only to fund this, with no shares being sold.<\/li>\n<li>Use of funds: debt repayment and growth spending, which matters because about Rs 350 crore is earmarked for debt repayment.<\/li>\n<\/ol>\n<p>The rights price is below market by design, but the Ola Electric rights issue is still a call on a company whose own business, and not the discount, decides the outcome.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"AvenuesAI_Reverse_Stock_Split_How_the_10_for_1_Consolidation_Works\"><\/span><strong>AvenuesAI Reverse Stock Split: How the 10 for 1 Consolidation Works<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Detail<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Action<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Share consolidation, also called a reverse stock split<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Ratio<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">10 existing shares of face value Re 1 become 1 share of face value Rs 10<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Record date<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">13 October 2026; last day to buy is 12 October<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Approval<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Board approved via circular resolution on 1 October 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Effect on value<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">None in itself: shares fall 10 times and the price adjusts up about 10 times<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Example<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">A holder of 1,000 shares at about Rs 16 (Rs 16,000) would hold about 100 shares at about Rs 160, my illustration<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Shareholder action<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">None required; the company and depositories handle the conversion<\/td>\n<\/tr>\n<\/table>\n<p>The AvenuesAI reverse stock split is a technical adjustment, so the share count falls and the price rises while your total holding value is unchanged.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ola_Electric_Rights_Issue_Versus_the_AvenuesAI_Consolidation\"><\/span><strong>Ola Electric Rights Issue Versus the AvenuesAI Consolidation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Feature<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Ola Electric rights issue<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">AvenuesAI consolidation<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Type<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Raises new capital<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Changes share count only<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Cost to you<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 16.20 per share now, if you subscribe<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">None<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Dilution<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 8% if you do not take part<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">None<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price effect<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Small downward adjustment<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price rises about 10 times<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Value effect<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Depends on how the capital is used<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">None in itself<\/td>\n<\/tr>\n<\/table>\n<p>A checklist for the last day: confirm the stock is in your demat by the record date, decide whether to subscribe to the Ola Electric rights issue, and check how your broker handles fractional shares after a consolidation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_Around_the_Ola_Electric_Rights_Issue_and_AvenuesAI_Reverse_Stock_Split\"><\/span><strong>Risks Around the Ola Electric Rights Issue and AvenuesAI Reverse Stock Split<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Dilution:<\/strong> Holders who do not take part in the Ola Electric rights issue own a smaller share of the company.<\/p>\n<p><strong>Deferred call:<\/strong> The Rs 10.80 balance in the Ola Electric rights issue is due by 31 October 2027 and the board can change the payment schedule.<\/p>\n<p><strong>Business risk:<\/strong> A discount does not change the business, and the Ola Electric rights issue funds a company that plans to use part of the money to repay debt.<\/p>\n<p><strong>Price volatility:<\/strong> Stocks often move sharply around record dates.<\/p>\n<p><strong>Reverse split myth:<\/strong> A consolidation does not create value, and some small stocks fall after a reverse split.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_to_Watch_Next_for_the_Ola_Electric_Rights_Issue\"><\/span><strong>What to Watch Next for the Ola Electric Rights Issue<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>The ex-date price adjustment on 13 October for both stocks.<\/li>\n<li>Rights entitlement trading until 26 October and the issue period from 22 to 30 October.<\/li>\n<li>The Ola Electric share price against the Rs 27 issue price.<\/li>\n<li>AvenuesAI&#8217;s price after the consolidation takes effect.<\/li>\n<li>Ola Electric&#8217;s Q2 results and how the funds are used.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Ola Electric rights issue at Rs 27 in a 2 for 25 ratio and the AvenuesAI 10 for 1 reverse stock split share the 13 October record date, so 12 October is the last day to buy. The rights issue dilutes those who do not take part, and the consolidation does not change value. Consult a SEBI-registered advisor before making any decision.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Ola_Electric_rights_issue_ratio_and_price\"><\/span><strong>What is the Ola Electric rights issue ratio and price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Ola Electric rights issue is 2 shares for every 25 held at Rs 27 a share, partly paid, raising about Rs 999.74 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_record_date\"><\/span><strong>What is the record date?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 13 October 2026 for both the Ola Electric rights issue and the AvenuesAI consolidation, so 12 October is the last day to buy.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_can_I_subscribe_to_the_Ola_Electric_rights_issue\"><\/span><strong>When can I subscribe to the Ola Electric rights issue?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue opens on 22 October and closes on 30 October, and entitlements can be traded until 26 October.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_is_the_rights_price_paid\"><\/span><strong>How is the rights price paid?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Rs 16.20 per share (60%) on application and Rs 10.80 (40%) on the first and final call by 31 October 2027.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_AvenuesAI_reverse_stock_split\"><\/span><strong>What is the AvenuesAI reverse stock split?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> A 10 for 1 consolidation, where 10 shares of Re 1 face value become one share of Rs 10 face value.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Does_a_reverse_stock_split_change_my_holding_value\"><\/span><strong>Does a reverse stock split change my holding value?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. The number of shares falls and the price adjusts up, so the total value is unchanged in itself.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_if_I_ignore_the_Ola_Electric_rights_issue\"><\/span><strong>What if I ignore the Ola Electric rights issue?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The entitlement lapses unless you sell it, and you are diluted by about 8%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_buy_before_the_record_date\"><\/span><strong>Should I buy before the record date?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This article does not constitute investment advice. Consult a SEBI-registered financial advisor.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Ola Electric rights issue ratio and price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Ola Electric rights issue is 2 shares for every 25 held at Rs 27 a share, partly paid, raising about Rs 999.74 crore.\"}},{\"@type\":\"Question\",\"name\":\"What is the record date?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"13 October 2026 for both the Ola Electric rights issue and the AvenuesAI consolidation, so 12 October is the last day to buy.\"}},{\"@type\":\"Question\",\"name\":\"When can I subscribe to the Ola Electric rights issue?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue opens on 22 October and closes on 30 October, and entitlements can be traded until 26 October.\"}},{\"@type\":\"Question\",\"name\":\"How is the rights price paid?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Rs 16.20 per share (60%) on application and Rs 10.80 (40%) on the first and final call by 31 October 2027.\"}},{\"@type\":\"Question\",\"name\":\"What is the AvenuesAI reverse stock split?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"A 10 for 1 consolidation, where 10 shares of Re 1 face value become one share of Rs 10 face value.\"}},{\"@type\":\"Question\",\"name\":\"Does a reverse stock split change my holding value?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. The number of shares falls and the price adjusts up, so the total value is unchanged in itself.\"}},{\"@type\":\"Question\",\"name\":\"What if I ignore the Ola Electric rights issue?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The entitlement lapses unless you sell it, and you are diluted by about 8%.\"}},{\"@type\":\"Question\",\"name\":\"Should I buy before the record date?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This article does not constitute investment advice. Consult a SEBI-registered financial advisor.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ola Electric rights issue and AvenuesAI reverse stock split: 12 October is the last day to buy before the 13 October record date. See terms and risks.<\/p>\n","protected":false},"author":29,"featured_media":301365,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[11055,7462,11054,7928,11056,11057],"class_list":["post-301366","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-avenuesai","tag-corporate-actions","tag-ola-electric-rights-issue","tag-record-date","tag-reverse-stock-split","tag-share-consolidation"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["301365"],"rank_math_title":["Ola Electric Rights Issue, AvenuesAI Split: Last Day to Buy"],"rank_math_description":["Ola Electric rights issue and AvenuesAI reverse stock split: 12 October is the last day to buy before the 13 October record date. See the terms, examples and risks."],"rank_math_focus_keyword":["Ola Electric rights issue"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/ola-electric-rights-issue-and-avenuesai-reverse-stock-split-last-day-to-buy.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/301366","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=301366"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/301366\/revisions"}],"predecessor-version":[{"id":301367,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/301366\/revisions\/301367"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/301365"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=301366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=301366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=301366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}