Bhavish Aggarwal Offloads 2.62 Crore Ola Electric Shares: Billionaire’s Net Worth Takes $30.9 Million Hit; Strategic Play Or Market Shock?
Bhavish Aggarwal Sells Part Of Ola Electric Stake
The CEO of Ola Electric, Bhavish Aggarwal, has made a shocking announcement that has caused investors to pay close attention. As per the information provided by the NSE, the company’s founder sold nearly 2.62 crore shares of Ola Electric Mobility in a surprising bulk deal at an average price of ₹34.99 per share. What does this imply? Is it an indication of market caution, or is it a matter of very good timing? Although the share sale has sparked widespread discussion across Dalal Street, it also raises a larger question: what is the real reason behind this move?
Usually, such sales by a founder do disturb the market, but this time it could be something different and more tactical. For now, the only thing that is certain is that Bhavish’s move has ignited discussions as much as his EVs do.
Did the Stake Sale Impact Bhavish Aggarwal’s Net Worth?
- Bhavish Aggarwal, founder of Ola Electric Mobility, currently has a net worth of $1.6 billionaccording to the Forbes Real-Time Billionaires list.
- His wealth saw a one-day decline of $30.9 millionreflecting a 1.89% drop.
- Before Tuesday’s stake sale, Aggarwal’s net worth was close to $2 billion.
How Much Does Bhavish Aggarwal actually Stak In Ola Electric?
Quite a lot. The founder’s share as of September 2025 was a hefty 30.02%, which BSE data shows equals 1,32,39,60,029 equity shares. That’s not only confidence but also commitment shown in figures. Therefore, when he decided to sell off a small part of his holding, people on Dalal Street naturally reacted with raised eyebrows.
A PTI report citing sources very close to the matter stated that this was not an exit strategy but a house-cleaning exercise. Aggarwal used limited stake monetisation, plus personal income, to completely lift all promoter-level share pledges. As a result, 3.93% of pledged shares were released from the encumbrance, leaving the founder now devoid of any debt.
So, is this a case of a founder withdrawing or a founder consolidating his control with a lighter balance sheet? The move tends to suggest the latter, and investors are taking heed.
Ola Electric Share Price Movement After Stake Sale News
| Parameter | Details |
|---|---|
| Opening Price (BSE) | ₹34.55 |
| Intraday Low | ₹33.67 |
| Time of Latest Update | 11:15 am, Wednesday |
| Current Trading Price | ₹33.90 |
| Percentage Change | 1.74% lower |
| Reason for Movement | News of stake sale |
(With Inputs)
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Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
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