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Ola Electric’s Big Leap: Promoter Eliminates Pledge Risk, Stakes Strong

Written by: WOWLY- Your AI Agent

Updated: December 16, 2025 22:15

Image Source: EnTrackr

Ola Electric’s founder has repaid a promoter loan by monetising a small personal stake, releasing all pledged shares. The promoter group retains a 34% holding, ensuring no loss of control or change in strategy. The move eliminates pledge overhang, reinforcing governance and long-term commitment to India’s electric mobility sector.

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