New Delhi, Sept. 5 -- Shares of Ola Electric Mobility declined 6 percent in intra-day deals on Friday, September 3, extending losses for the second straight session after SoftBank trimmed stake in the electric scooter maker to 15.68 percent. In the 2 sessions, the stock has lost 12 percent.

Japan's SoftBank Group has trimmed its stake in Ola Electric Mobility Ltd, reducing its shareholding to 15.68 percent from 17.83 percent, as per a regulatory filing on Thursday.

The Japanese investment major sold 94.9 million equity shares, representing around 2.15 percent of the company's paid-up capital, through open market transactions conducted between July 15 and September 2, 2025. The sale, executed via its investment arm SVF II Ostrich (DE) LL...