Shareholding6 Oct 2026, 10:28 am
Ola Electric Promoter Pledges 2 Crore Shares
AI Summary
Bhavish Aggarwal has created a first-ranking exclusive pledge over 2,00,00,000 (Twenty Crore) equity shares of Ola Electric Mobility Limited, representing 4.32% of the company's share capital. This pledge, executed on September 25, 2026, is in accordance with a share pledge agreement and serves to secure non-convertible debentures issued or to be issued by Krutrim Data Centre Private Limited. The disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Promoter Bhavish Aggarwal pledged 2 crore equity shares.
- Pledged shares represent 4.32% of Ola Electric's share capital.
- Pledge secures non-convertible debentures issued by Krutrim Data Centre.
- Disclosure made under SEBI Takeover Regulations.
- Transaction involves equity shares of Ola Electric Mobility Ltd.
Price Impact
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