India, Dec. 16 -- Ola Electric cofounder Bhavish Aggarwal has sold a 0.6% stake or 2.6 Cr shares in the EV maker in a bulk deal for INR 92 Cr. The deal valued each share at INR 34.99, slightly higher than the company's closing price of INR 34.50 today.

As per the latest shareholding data for September 2025, Aggarwal held a 30.02% stake in Ola Electric before the sale. Of this, 10.11% is pledged with lenders and 66.63% locked in, as per BSE shareholding data.

In a statement, the company said that the stake sale was part of a broader promoter-level transaction aimed at fully releasing all share pledges worth around INR 260 Cr.

"Ola Electric founder-promoter has undertaken a one-time, limited monetisation of a small portion of his persona...