BENGALURU: Ola Electric Mobility Ltd. founder-promoter, Bhavish Aggarwal, has undertaken a strategic, one-time monetisation of a small portion of his personal shareholding to fully repay a promoter-level loan amounting to INR 260 crore.
The company announced on Tuesday, December 16, 2025, that this move will result in the release of all previously pledged shares, representing 3.93% of the equity, effectively removing a critical overhang on the stock.
”This action is taken to eliminate all promoter pledges, which can introduce avoidable risk and volatility,” Ola Electric said in a statement. “It is part of the founder’s conviction that Ola Electric should operate with zero pledge overhang, and he should fully unwind the leverage.”
While the stake sale is being executed entirely at the promoter’s personal level and will have no impact on Ola Electric’s operations, governance, or strategic direction, the move is seen as a key step in de-risking the founder’s position and, potentially, improving investor sentiment by removing the uncertainty associated with share pledges.
Post the transaction, the promoter group will continue to hold approximately 34% in Ola Electric.
The company explicitly stated that there is no dilution of promoter control or change in the long-term conviction.
This holding of around 34% is noted as being among the highest across new-age listed companies.
Ola Electric reiterated that its core focus remains firmly on building a globally competitive, India-first electric mobility and clean energy company.
Share pledges are often viewed by the market as a potential risk, as a sharp decline in the stock price could trigger margin calls, forcing the sale of pledged shares and creating further downward pressure. The removal of the 3.93% pledge is expected to be a positive signal for long-term investors.
The company’s statement was addressed to the stock exchanges, including the National Stock Exchange of India Ltd. (NSE Scrip Symbol: OLAELEC) and BSE Limited (BSE Scrip Code: 544225), and the statement will also be made available on the company’s investor relations website.