Ola Electric promoter Bhavish Aggarwal sells Rs 90.27 crore shares; minimal exam relevance.
Summary
Bhavish Aggarwal, promoter of Ola Electric, sold 2.83 crore shares valued at Rs 90.27 crore in a bulk deal. This event represents a routine individual stock transaction by a company promoter. Such specific corporate share dealings are generally not relevant for competitive exams, which focus on broader economic trends, government policies, or significant national/international developments.
Key Points
- 1Ola Electric promoter Bhavish Aggarwal sold 2.83 crore shares.
- 2The total transaction value was Rs 90.27 crore.
- 3Shares were sold at Rs 31.60 apiece in a bulk deal.
- 4This is an individual corporate share transaction, not a broader economic or policy development.
- 5Such specific promoter share sales hold minimal relevance for competitive exam preparation.
Full Article
Promoter Bhavish Aggarwal on Thursday sold 2.83 crore shares of Ola Electric through a bulk deal, marking the third consecutive day of stake offloading. The shares were sold at Rs 31.60 apiece, taking the total transaction value to Rs 90.27 crore, exchange data showed.