Why is Bhavish Aggarwal selling Ola Electric shares?

Bhavish Aggarwal is selling shares to repay a loan and remove pledged shares.

How much have Ola Electric shares fallen?

Ola Electric shares have fallen approximately 80% from their post-listing high.

What is the total value of Bhavish Aggarwal's recent share sales?

The total value of the recent share sales by Bhavish Aggarwal is ₹234 crore.

Home / Business and Economy / Aggarwal Sells More Ola Electric Shares

Aggarwal Sells More Ola Electric Shares

18 Dec, 2025

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Summary

Founder sold 4.2 crore shares on Wednesday, following Tuesday's sale.
Total sale value reached ₹234 crore to repay loan and reduce pledged shares.
Ola Electric shares hit a new low, down 80% from their peak.

Ola Electric founder Bhavish Aggarwal has continued to sell his stake in the company, with an additional 4.2 crore shares transacted on Wednesday. This follows a sale of 2.6 crore shares just the day before. These transactions, valued collectively at ₹234 crore, are intended to fully repay a loan of ₹260 crore and remove the overhang of promoter-pledged shares.

The sales were reportedly planned in tranches, with the second tranche concluded on Wednesday. Further sales are expected to be completed in due course. Aggarwal held a 30.02% stake in Ola Electric as of the end of the September 2024 quarter.

In parallel, Ola Electric Mobility's stock price has faced significant pressure, ending Wednesday at ₹32.8, a new low and a 5% decrease for the day. The stock has plummeted approximately 80% from its post-listing high of ₹157 and is down over 55% from its initial IPO price of ₹76.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.