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Ola Electric founder to fully release Rs 260 cr promoter pledges, to go debt-free with limited stake monetisation

SUMMARY

AI Generated Content
  • Bhavish Aggarwal sold shares to release Rs 260 cr promoter pledges.
  • Pledge release makes Ola Electric founder debt-free, holding drops to 34%.
  • Ola Electric operations unaffected; pledge seeded AI startup Krutrim.
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