OLAELEC

Ola Electric stake sale: CEO Bhavish Aggarwal sells 2.62 crore shares via bulk deal

Ola Electric stake sale: CEO Bhavish Aggarwal sells 2.62 crore shares via bulk deal -

Ola Electric Stake Sale: Electric two-wheeler manufacturer Ola Electric's Chief Executive Officer (CEO), Bhavish Aggarwal, on Tuesday, 16 December 2025, sold off more than 2.62 crore equity shares of the company through a bulk deal, according to the data collected from the NSE website. The bulk deals data showed that the founder and CEO, Bhavish Aggarwal, sold a total of 2,62,56,748 equity shares of Ola Electric Mobility at an average trade price of ₹34.99 apiece on 16 December 2025. “Founder-promoter has undertaken a one-time, limited monetisation of a small portion of his personal stake to fully repay a promoter level loan amounting to INR 260 crore,” said Ola Electric in an official statement on Tuesday. The company also disclosed that all of the 3.93% previously pledged shares will be released, and post the transactions, the promoter group will hold nearly a 34% stake holding in Ola Electric. All this is for information. This is not a buy/sell recommendation. Thank you, Technofunda24