Ola Electric shares fall 4% as lock-in ends for 18 crore shares
The expiry of the anchor lock-in period has released 18.18 lakh shares for trading. This marks the end of a regulatory restriction designed to prevent large-scale selling and stabilize stock prices after an IPO. Typically, anchor investors are required to hold 50% of their shares for 30 days and the remaining 50% for 90 days. With these shares now freely tradable, there could be an increase in market activity and potential price volatility for the stock in the short term.