Bhavish Aggarwal Sells Shares to Clear Pledges, Ola Promoter Control Remains Above 34%

Ola founder Bhavish Aggarwal has sold around 2.63 crore shares in a one-time transaction to clear pledged shares worth nearly ₹260 crore. Ola has clarified that there is no dilution, promoter ownership remains above 34%, and the move has no impact on operations or the company’s balance sheet.

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