Ola Electric founder to fully release Rs 260 crore promoter pledges, to go debt-free with limited stake monetisation
Published on: Dec. 16, 2025, 7:28 p.m. | Source: The Economic Times
Ola Electric founder Bhavish Aggarwal has sold a portion of his personal shares. This move fully releases promoter-level share pledges amounting to Rs 260 crore. The transaction involved monetizing personal shareholding and other incomes. This action makes the founder-promoter debt-free. Promoter-group holding in Ola Electric will now be over 34 percent. The company's electric mobility business remains unaffected.
