Relevant for Exams
BANKING
Ola Electric promoter Bhavish Aggarwal sells 2.6 crore shares worth Rs 92 crore via bulk deal.
Summary
Bhavish Aggarwal, promoter of Ola Electric, sold over 2.6 crore shares worth approximately Rs 92 crore through a bulk deal. While this is a specific market transaction involving an individual's stock performance, such daily movements or individual company share dealings are generally not considered relevant for competitive exams, which focus on broader economic policies, regulatory changes, or significant industry trends.
Key Points
- 1Promoter Bhavish Aggarwal of Ola Electric Mobility sold shares.
- 2Over 2.6 crore shares were offloaded in the transaction.
- 3The shares were sold at Rs 34.99 apiece.
- 4The total transaction value was approximately Rs 92 crore.
- 5The sale was executed through a bulk deal on Tuesday.
Full Article
Promoter Bhavish Aggarwal on Tuesday sold over 2.6 crore shares of Ola Electric Mobility through a bulk deal. The shares were offloaded at Rs 34.99 apiece, valuing the transaction at around Rs 92 crore.
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