neutral
5h agoBhavish Aggarwal Monetizes Stake to Release ₹260 Crore in Pledged Shares
Ola Electric's founder Bhavish Aggarwal has fully monetized his personal shareholding to release ₹260 crore worth of promoter-level share pledges, as per a PTI report. The move is seen as a strategic effort to eliminate the volatility associated with pledged shares, strengthening the company's risk profile. This step will not dilute promoter control and is part of Ola Electric's long-term commitment to building a vertically integrated electric mobility and clean energy platform.
neutral
5h agoBhavish Aggarwal Monetizes Stake to Release ₹260 Crore in Pledged Shares
Ola Electric's founder Bhavish Aggarwal has fully monetized his personal shareholding to release ₹260 crore worth of promoter-level share pledges, as per a PTI report. The move is seen as a strategic effort to eliminate the volatility associated with pledged shares, strengthening the company's risk profile. This step will not dilute promoter control and is part of Ola Electric's long-term commitment to building a vertically integrated electric mobility and clean energy platform.
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Ola Electric's founder monetized shares to release ₹260 crore in pledges, enhancing the company’s financial stability and commitment to its EV platform.
Ola Electric's founder Bhavish Aggarwal has fully monetized his personal shareholding to release ₹260 crore worth of promoter-level share pledges, as per a PTI report. The move is seen as a strategic effort to eliminate the volatility associated with pledged shares, strengthening the company's risk profile. This step will not dilute promoter control and is part of Ola Electric's long-term commitment to building a vertically integrated electric mobility and clean energy platform.
Ola Electric's founder Bhavish Aggarwal has fully monetized his personal shareholding to release ₹260 crore worth of promoter-level share pledges, as per a PTI report. The move is seen as a strategic effort to eliminate the volatility associated with pledged shares, strengthening the company's risk profile. This step will not dilute promoter control and is part of Ola Electric's long-term commitment to building a vertically integrated electric mobility and clean energy platform.
Dec 17, 2025 • 07:20