Bhavish Aggarwal
Ola Electric Stock Drops as CEO Bhavish Aggarwal Sells 2.6 Crore Shares to Clear Rs 260 Crore Loan
Dec 17, 2025 02:33 pm CST
Ola Electric Mobility shares neared their 52-week low after founder Bhavish Aggarwal sold 2.6 crore shares to repay a Rs 260 crore promoter-level loan. Despite the 19% monthly decline, the promoter group retains a 34% stake, among the highest for newly listed companies, with the company emphasizing no changes to operations or long-term strategy.
Ola Engineer's Suicide Raises Serious Allegations Against Bhavish Aggarwal and Management
Oct 20, 2025 05:00 pm CST
A 38-year-old Ola Electric engineer's suicide has led to serious allegations against CEO Bhavish Aggarwal and management, with a 28-page suicide note claiming workplace harassment and financial exploitation. While police have filed a case against Ola's leadership, the company denies any complaints were raised and has challenged the FIR in Karnataka High Court, highlighting the growing concerns about workplace culture in India's tech sector.
Ola Electric Challenges FIR Following Employee's Suicide Alleging Workplace Harassment and Exploitation
Oct 20, 2025 04:55 pm CST
Ola Electric has moved the Karnataka High Court to challenge an FIR filed after the suicide of a 38-year-old homologation engineer who left a note accusing senior management of mental harassment and financial exploitation. The company claims the employee never raised complaints while employed and has received protective orders from the court while the investigation continues.