Ola Electric CFO quits, Deepak Rastogi steps in as shares slide again
BENGALURU, Jan 22, 2026, 05:24 IST Shares of Ola Electric Mobility tumbled sharply this week after the company announced CFO Harish Abichandani had resigned, with Deepak Rastogi stepping into the role. The stock plunged as much as 8.2%, hitting ₹32.80 on Tuesday, before settling around a 7.5% loss by early afternoon. https://upstox.com/news/market-news/stocks/ola-electric-mobility-shares-slump-over-8-after-its-cfo-resigns-all-you-need-to-know/article-188046/ The CFO departure comes amid rising tension. Ola’s shares have been slipping for several days, and losing a top executive usually rattles investors even more when nerves are already frayed. Ola has attributed recent struggles to slowing sales and cut its fiscal 2026 revenue forecast back in November.