On this page
Earlier report,
Ola Electric's Bhavish Aggarwal pledges 4.32% stake to fund his share of Rs 1,000 crore rights issue
Since then, : New: Q1 FY27 market share: 8.4%
A total of 20 crore Ola Electric shares were pledged against non-convertible debentures issued by Krutrim Data Centre, a promoter entity Aggarwal owns. Ola Electric's Q1 FY27 revenue fell to Rs 455 crore from Rs 828 crore a year earlier.
- Year-ago Q1 revenue₹828 crore
- Q1 FY27 revenue₹455 crore
What we verified
Checked against the other reports of this story.
- Shares pledged on 30 September: 20 Cr — BW Disrupt and Inc42 agree.
- Pledged stake in Ola Electric: 4.32% — BW Disrupt and Inc42 agree.
- Rights issue size: ₹1,000 Cr — BW Disrupt and Inc42 agree.
Updates
Each later report on this story, newest first. Earlier entries are never edited; a correction is a new entry.
New: Q1 FY27 market share: 8.4%
- Ola Q1 FY27 scooter deliveries: 39,192
Reported as “Bhavish Aggarwal pledged 20 crore Ola Electric shares (4.32%) to fund his share of ₹1,000 crore rights issue”
On the record
Earlier Ola Electric reports on RetailIntel, newest first.
Reported figures
From the report. Source details below
| Q1 FY27 net loss: | Rs 336 crore |
|---|---|
| QIP raised in June: | Rs 780 crore |
| Promoter group holding: | around one-third |