Bhavish Aggarwal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
OLAELEC · price
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Awaiting price reaction for this filing.
Bhavish Aggarwal, promoter of Ola Electric Mobility, has filed an annual disclosure under SEBI's Takeover Regulations confirming that neither he nor any person acting in concert created any new encumbrance (such as a pledge or lien) on shares of the company during the financial year ending March 31, 2025, other than those already disclosed earlier. The disclosure also lists the promoter and promoter group entities, including family members, family offices, trusts, and group companies like ANI Technologies, Ola Financial Services, and Krutrim entities. This is a routine annual compliance filing required under Regulation 31(4) of the SEBI Takeover Code.
This is a neutral, routine compliance filing with no change in shareholding or new encumbrances. It does not indicate any buying, selling, or pledging activity by the promoter and is unlikely to have any direct impact on the stock price.