Ola Electric Founder Bhavish Aggarwal Sells More Shares to Repay ₹260 Crore Loan

• Ola Electric Mobility founder Bhavish Aggarwal sold an additional 4.2 crore shares on Wednesday, following a 2.6 crore share sale on Tuesday.
• The share sales are intended to fully repay a ₹260 crore promoter-level loan, with the two transactions so far valued at ₹234 crore.
• This is a one-time monetization of Aggarwal's personal stake, aiming to release all previously pledged 3.93% shares.
• Ola Electric saw an increase in retail shareholders, from 14.1 lakh (8% stake) in Sep 2024 to 19 lakh (17.3% stake) in Sep 2025.
• Domestic Mutual Funds, including Motilal Oswal and Mirae Asset, increased their stake to 5.51% in the September quarter, despite the stock closing down 4.87% on BSE.

Why It Matters: Bhavish Aggarwal sells Ola Electric shares to clear a ₹260 crore loan, aiming to remove stock overhang.