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

Bhavish Aggarwal, founder of Ola Electric, has sold a portion of his stake in the company via a bulk deal to repay a ₹260 crore promoter-level loan. The transaction was limited and conducted for personal financial purposes. 

Sale of Ola Electric Shares Worth ₹92 Crore 

On December 16, 2025, Bhavish Aggarwal sold 2.6 crore shares of Ola Electric at an average price of ₹34.99 per share, resulting in a total transaction value of approximately ₹92 crore.  

This represented about 0.6% equity of the company. Exchange documents confirmed that this move was undertaken to settle a ₹260 crore promoter loan in full. 

Impact on Promoter Holding and Share Pledge 

Prior to the transaction, Aggarwal held 30.02% stake in Ola Electric as of September 2025. Following the share sale, all pledged shares amounting to 3.93% will be released, effectively removing a financial overhang. The overall promoter group will continue to retain around 34% stake in the company. 

Read More: Ola Electric Share Price in Focus; Begins Same Day Delivery for 4680 Bharat Cell Vehicles in Bengaluru! 

Ola Electric Q2 FY26 Earnings Results 

In Q2 of FY26, Ola Electric posted net sales of ₹690 crore, marking a 43% decline compared to the same quarter in the previous year. However, the company’s net loss reduced to ₹418 crore from ₹495 crore year-on-year. Improvement in EBITDA margins in the automotive segment indicated enhanced operating efficiency. 

Ola Electric Mobility Share Price Performance  

As of December 17, 2025, at 9:17 AM, Ola Electric Mobility share price on NSE was trading at ₹34.49 up by 0.03% from the previous closing price. 

Conclusion 

Bhavish Aggarwal’s share sale in Ola Electric was aimed at settling a ₹260 crore promoter-level loan. This limited transaction marginally reduced his stake, while also resulting in the release of pledged shares. The company continues to hold a significant promoter stake despite the sale. 

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