India, Dec. 18 -- Bhavish Aggarwal's stake sale in Ola Electric continued for the third consecutive session today, with the founder and CEO offloading shares worth INR 90.3 Cr. He sold 2.83 Cr shares in a bulk deal at INR 31.9 apiece today.

With this, the founder's share selling spree has totalled to INR 324.6 Cr over the past three sessions. He sold shares worth INR 92 Cr on Tuesday (December 16) and offloaded shares worth INR 142.3 Cr yesterday.

Ola Electric said in a statement that Aggarwal has now "completed the one-time, limited monetisation of a small portion of his personal shareholding" to fully repay a loan amounting to INR 260 Cr and release all 3.93% shares previously pledged, thereby eliminating all promoter pledges.

"Follo...