neutral
6h agoOla Electric's Founder Bhavish Aggarwal Releases ₹260 Crore Share Pledges
Ola Electric’s founder, Bhavish Aggarwal, has monetised his personal shareholding to fully release ₹260 crore worth of promoter level share pledges, according to a PTI report. This move comes as part of Aggarwal’s strategy to remove any overhang of pledged shares, which could have posed risks related to margin and volatility.
Upstox• By Pooja Kumari
Explore:High Return Equity Mutual Fund
neutral
6h agoOla Electric's Founder Bhavish Aggarwal Releases ₹260 Crore Share Pledges
Ola Electric’s founder, Bhavish Aggarwal, has monetised his personal shareholding to fully release ₹260 crore worth of promoter level share pledges, according to a PTI report. This move comes as part of Aggarwal’s strategy to remove any overhang of pledged shares, which could have posed risks related to margin and volatility.
Upstox• By Pooja Kumari
Explore:High Return Equity Mutual Fund
1 min read
51 words
Bhavish Aggarwal monetised his stake to release ₹260 crore in promoter-level share pledges, strengthening Ola Electric’s financial position without diluting control.
Ola Electric’s founder, Bhavish Aggarwal, has monetised his personal shareholding to fully release ₹260 crore worth of promoter level share pledges, according to a PTI report. This move comes as part of Aggarwal’s strategy to remove any overhang of pledged shares, which could have posed risks related to margin and volatility.
Ola Electric’s founder, Bhavish Aggarwal, has monetised his personal shareholding to fully release ₹260 crore worth of promoter level share pledges, according to a PTI report. This move comes as part of Aggarwal’s strategy to remove any overhang of pledged shares, which could have posed risks related to margin and volatility.
Dec 17, 2025 • 06:00