Ather Energy to Raise ₹1,200 Crore via Preferential Issue to Hero MotoCorp and Promoters
Ather Energy's board has approved a capital infusion of ₹1,200 Crore through a preferential issue of equity shares and convertible warrants. The funding round includes participation from Hero MotoCorp, the India-Japan Fund, and the company's founding promoters.
Ather Energy Board Approves ₹2,500 Crore Fund Raise via QIP and FCCB Issues
Ather Energy's Board of Directors has approved a major capital infusion plan to raise up to ₹2,500 crore through diverse financial instruments. The fundraise aims to strengthen the company's balance sheet and support its aggressive growth trajectory in the Indian electric vehicle market.