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Bhavish Aggarwal net worth drops! How much money does Ola Electric CEO have after selling 2.62 crore shares?

Ola Electric CEO Bhavish Aggarwal sold over 2.62 crore shares of the company, equating to approximately 0.6% of its equity and worth around ₹92 crore, which resulted in a temporary drop in his net worth by $30.9 million. Despite this, Ola Electric's shares rebounded, rising by 14.58% following the sale.

Bhavish Aggarwal net worth drops! How much money does Ola Electric CEO have after selling 2.62 crore shares?

Credit: Livemint

Key Highlights

  • Bhavish Aggarwal sold 2.62 crore shares of Ola Electric.
  • The shares were sold at an average price of ₹34.99 each.
  • Aggarwal's net worth is now $1.6 billion after a $30.9 million drop.
  • Ola Electric shares rose by 14.58% following the sale.
  • The stake sold represents approximately 0.6% of the company's equity.
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Sources

  1. Ola Electric Shares Rebound From Tuesday's Slump Following Bhavish Aggarwal's Stake Sale
  2. Bhavish Aggarwal net worth drops! How much money does Ola Electric CEO have after selling 2.62 crore shares?

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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