Ola Electric Shares Hit Record Low After Bhavish Aggarwal Stake Sale; ₹260-Crore Loan Repaid, Pledge Overhang Ends
Bengaluru/Mumbai, December 18, 2025: Ola Electric Mobility’s stock slid to fresh record lows on Thursday as investors digested a rapid series of promoter share sales—moves the company says were designed to eliminate pledged shares and repay a ₹260-crore promoter-level loan, not signal any change in control. The Indian Express+2Business Standard+2 The market reaction, however, underlined how sensitive “new-age” counters remain to promoter activity—especially when the share price is already under pressure. Ola Electric’s stock hovered near the ₹31 zone and hit an intraday low reported around ₹30.76, extending a steep downtrend that has eroded a large chunk of investor wealth