SUMMARY
Aggarwal has now pledged about 2.43% shares of Ola Electric, or 8.09% of his shareholding in the company to raise capital for Krutrim
The Ola Electric CEO had signed non-disposal undertakings for the additional shares in relation to debentures issued by Krutrim on February 21 and February 24
As per Ola Electric’s share price of INR 56.40 today, the pledged shares are valued at INR 604.44 Cr
Months after Ola Electric
founder and CEO Bhavish Aggarwal pledged the company’s shares to raise debt for Krutrim, he has…
