Ola Electric Shares Jump 10% After CEO Bhavish Aggarwal Completes Stake Sale

Ola Electric shares rose 10% after CEO Bhavish Aggarwal sold part of his stake to repay a Rs 260-crore loan, removing all promoter pledges.

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Ola Electric Shares Jump 10% After CEO Bhavish Aggarwal Completes Stake Sale

Ola Electric Shares Jump 10% After CEO Bhavish Aggarwal Completes Stake Sale
Ola Electric shares surged nearly 10% on December 19, 2025, following the completion of a stake sale by CEO Bhavish Aggarwal. The sale, which aimed to repay a Rs 260 crore promoter-level loan, has successfully eliminated all promoter pledges. As part of this, 3.93% of shares, which had previously been pledged for the loan, were released. The share price rose to Rs 34.38, reversing a three-session losing streak. 
Companies:
  • Ola Electric
Tags:
  • Ola Electric
  • Bhavish Aggarwal