Ola Electric promoter Bhavish Aggarwal on Thursday sold 2.83 crore shares in the company 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.
The founder and promoter had sold 4.2 crore shares on Wednesday for Rs 142 crore and another 2.6 crore shares on Tuesday for Rs 92 crore.
The total stake sold is now valued at Rs 324 crore.
More to come…