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2 months ago

Hyundai exits Ola Electric; sells 2.47% stake for Rs 552 cr

Name: Hyundai exits Ola Electric; sells 2.47% stake for Rs 552 cr
Uploaded: Tue, 03 Jun 2025 23:05:46 +0530
Channel: Rediff Video Desk
Description: South Korean automaker Hyundai Motor Company on Tuesday exited Ola Electric Mobility by selling its entire 2.47 per cent stake in the company for Rs 552 crore through an open market transaction. According to the bulk deal data available on the NSE, Hyundai Motor Company sold more than 10.88 crore shares or 2.47 per cent stake in Bengaluru-based Ola Electric Mobility.

South Korean automaker Hyundai Motor Company on Tuesday exited Ola Electric Mobility by selling its entire 2.47 per cent stake in the company for Rs 552 crore through an open market transaction. According to the bulk deal data available on the NSE, Hyundai Motor Company sold more than 10.88 crore shares or 2.47 per cent stake in Bengaluru-based Ola Electric Mobility.

Uploaded by: Rediff Video Desk on Tue, 03 Jun 2025 23:05:46 +0530

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Hyundai exits Ola Electric; sells 2.47% stake for Rs 552 cr

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