Ola Electric Shares Jump 10% as Promoter Bhavish Aggarwal Concludes Stake Sale

• Ola Electric Mobility shares surged 10% after founder Bhavish Aggarwal completed a three-day stake sale.
• Aggarwal sold 9.62 crore shares (2.2% equity) for ₹324 crore between December 16-18.
• The sale was to repay a ₹260 crore personal loan and release all 3.93% of previously pledged shares.
• Promoter holding decreased from 36.78% to 34.6%, but the company asserts no impact on operations or strategy.
• Ola Electric's market share fell to 6.7% in November 2025, and the stock is down over 55% from its IPO price.

Why It Matters: Ola Electric shares surged after Bhavish Aggarwal completed a stake sale to repay a loan and release pledged shares.