Ola Electric confirms its promoter has completed a limited, one-time monetization of shares to repay a ₹260 crore promoter-level loan in full and release all previously pledged shares. The promoter group continues to hold 34.6% in Ola Electric, with no dilution of control. The move is described as a planned exercise at the promoter’s personal level with no impact on the company’s performance or direction.
Share Monetization Details
Ola Electric has announced that its promoter has completed a one-time, limited monetization of a small portion of their personal shareholding. This transaction was undertaken solely to repay a promoter-level loan, amounting to approximately ₹260 crore. The full repayment also resulted in the release of 3.93% of shares that were previously pledged, effectively eliminating all promoter pledges.
Promoter Group Holding
Following this transaction, the promoter group continues to hold a significant stake of 34.6% in Ola Electric. This indicates no dilution of promoter control and signifies the promoter’s long-term commitment to the company. The company clarified that this activity was a planned, time-bound exercise that occurred at the promoter’s personal level.
Impact on Ola Electric
Ola Electric emphasized that this promoter-level transaction has no impact on the company’s performance, operations, or strategic direction. The company remains focused on its primary objective: building a globally competitive, India-first electric mobility and clean energy company. This announcement was made on December 18, 2025.
Source: BSE
