{
  "id": 12066865,
  "title": "Bhavish pledges 4.32% Ola stake after earlier debt clean-up",
  "url": "https://urgent.news/2026/10/05/bhavish-pledges-4-32-ola-stake-after-earlier-debt-clean-up",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-05T03:27:25.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/stock-markets/bhavish-pledges-432-ola-stake-after-earlier-debt-clean-up/article71545729.ece"
  },
  "original_language": "en",
  "account": "Ola Electric's founder and promoter Bhavish Aggarwal has pledged an additional 4.32 per cent of his stake in the company to participate in its proposed ₹1,000-crore rights issue. This pledge follows a previous clean-up of promoter pledge overhang less than a year ago. Aggarwal's move aims to fund his subscription to the rights issue, with no other shares currently pledged.",
  "summary": "No shares are being sold as part of the latest transaction, and the promoter will participate in the issue on the same terms as other shareholders",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}