Ola Electric CFO Harish Abichandani resigns; Deepak Rastogi takes over

Ola Electric Mobility Limited has announced a change in its top finance leadership with the resignation of Chief Financial Officer Harish Abichandani, according to a regulatory filing. Abichandani has stepped down from his role citing personal reasons, with his resignation effective immediately.

Following his exit, the board has approved the appointment of Deepak Rastogi as the new Chief Financial Officer, effective January 20, 2026. Rastogi will also be designated as a Key Managerial Personnel and will join the company’s senior management team.

Rastogi brings over three decades of experience across capital-intensive sectors. Before joining Ola Electric, he held senior finance and leadership positions at Puravankara Group, Deepak Fertilisers & Petrochemicals, and Tata AutoComp Systems, among others.

The leadership change comes amid a broader period of investor reshuffling at Ola Electric. Early investor SoftBankrecently sold a 2.15% stake in Ola Electric via open-market transactions between September 2025 and January 2026, reducing its holding in the EV maker to around 13.53%. 

Recently, co-working firm Awfis Space Solutions said its CFO Ravi Dugar will step down, with Sumit Rochlani named as his successor, while The Sleep Company and an online fashion retailer have appointed Hemal Jain and Kannan Ganesan, respectively, as their new CFOs.