Ola Electric founder to fully release Rs 260 crore promoter pledges, to go debt-free with limited stake monetisation
New Delhi, Ola Electric’s founder Bhavish Aggarwal on Tuesday sold a part of his personal shareholding in the company to fully release all promoter-level share pledges totalling Rs 260 crore, according to sources.
The transaction involved a combination of monetising a small part of the promoter holding and other personal incomes, they added.
As of the quarter ended September 2025, promoters and promoter group held 36.78 per cent stake in Ola Electric Mobility Ltd, as per data available on BSE.
