Ola Electric founder Bhavish Aggarwal has sold a portion of his personal shares. This move fully releases promoter-level share pledges amounting to Rs 260 crore. The transaction involved monetizing personal shareholding and other incomes. This action makes the founder-promoter debt-free. Promoter-group holding in Ola Electric will now be over 34 percent. The company's electric mobility business remains unaffected.