Ather Energy Fund Raise of ₹1,300 Cr
Ather Energy completed a QIP, allocating 10,815,307 shares at ₹1,202 each. This fundraise raises approximately ₹1,300 Crore for the company.
- Value
- ₹1,300 Cr
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Ather Energy completed a QIP, allocating 10,815,307 shares at ₹1,202 each. This fundraise raises approximately ₹1,300 Crore for the company.
Ather Energy Limited has convened an Extra-ordinary General Meeting (EGM) on August 14, 2026, to approve the issuance of equity shares and convertible warrants via preferential issue.
Ather Energy will hold an EGM on August 14, 2026, to approve a preferential issue of equity shares and convertible warrants worth approximately ₹1,200 Crore.
Ather Energy approved opening a Qualified Institutional Placement on July 15, 2026. The board set the issue floor price at ₹1,169.70 per equity share.
Ather Energy disclosed pricing for its preferential issue to India-Japan Fund and promoters. Shares and warrants are priced above the regulatory floor at INR 1,230-1,260.
Ather Energy's board approved a ₹1,200 Crore fund raise via preferential issue of equity and warrants. Allottees include Hero MotoCorp and company promoters.
Ather Energy submitted its audited financial statements and auditor's report for the fiscal year ended March 31, 2026. The board previously approved these statements on May 04, 2026.
Ather Energy shareholders approved a fund raise of up to Rs. 1,500 Crore via QIP. The resolution passed with a 99.99% majority through postal ballot.
Ather Energy announced its Fourth Community Day for August 29, 2026. The company will unveil its first mass-market scooter based on the new EL platform.
Ather Energy scheduled a board meeting for July 15, 2026, to discuss fund raising via equity or FCCBs. The meeting aims to approve permissible issuance modes.
Ather Energy clarified its board approved a fund raise of up to ₹2,500 Crore, including a ₹1,500 Crore institutions placement. It said no undisclosed info affects trading.
Ather Energy allotted 1,89,032 equity shares to employees. These shares were issued under the company's ESOP 2025 Plan.
Ather Energy seeks shareholder approval via postal ballot to raise up to ₹1,500 Crores through a QIP. The funds will support R&D, marketing, and debt repayment.
Ather Energy's board approved raising up to ₹2,500 Crore via QIP and other modes. The funds will support growth and expansion plans.
Ather Energy scheduled a Board Meeting for June 12, 2026, to consider various fund-raising options. The proposal includes issuing equity, FCCBs, or NCDs through multiple permissible modes.
Ather Energy Limited allotted 1,38,434 equity shares following the exercise of employee stock options. This issuance slightly increases the company's total paid-up share capital.
Ather Energy incorporated a new wholly owned insurance subsidiary with a ₹0.50 Crore capital subscription. The unit will operate as a corporate insurance agent.
Ather Energy incorporated Ather Insurance Limited as a wholly owned subsidiary for corporate insurance agency. The move marks a strategic diversification into the insurance sector.
Caladium Investment Pte. Ltd. sold 354,193 equity shares (0.09%) of Ather Energy Limited via open market. This non-promoter disposal reduces their stake to 8.49%.