The latest tranche hit on Thursday when he sold 2.83 crore shares at Rs 31.90 apiece, fetching roughly Rs 90 crore according to NSE bulk deal data. This follows sales of Rs 142 crore on Wednesday and Rs 92 crore earlier in the week, bringing the full tally to Rs 324 crore in promoter-level transactions. Three-Day Bulk Deals Detail Promoter Debt Cleanup:Aggarwal kicked off the sell-off earlier this week, starting with shares worth Rs 92 crore before ramping up to Rs 142 crore on Wednesday and capping it with Thursday’s Rs 90 crore disposal of 2.83 crore shares at Rs 31.90 each. As of September, Aggarwal held a 30.02% stake in Ola Electric, with 10.11% pledged to lenders and 66.63% under lock-in, per BSE shareholding records. Ola Electric presented the transactions as an effort toward better balance sheet optics for promoters despite the decline.
Source: Economic Times December 19, 2025 13:29 UTC