Ather Energy approves preferential issue of equity shares and warrants to raise ₹1,200 crore
Ather Energy · Automobiles
Key highlights
- Issuance of 16,26,016 equity shares to India-Japan Fund at ₹1,230 each, totaling ₹200 crore
- Issuance of 79,36,507 convertible warrants to Hero MotoCorp, Mr. Tarun Sanjay Mehta, and Mr. Swapnil Babanlal Jain at ₹1,260 each, totaling ₹1,000 crore
- Warrants convertible into equity shares within 18 months; unconverted warrants lapse and amounts forfeited
Why it's rated notable: amount is ₹500 crore or more
Original filing
Board Meeting Outcome for Outcome Of The Board Meeting Held On July 15, 2026
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Ather Energy
- Capex / expansionMajor developmentAther Energy reports Q2 FY27 total income up 62% YoY, EBITDA margin at 4.9%
- Capex / expansionMajor developmentAther Energy Limited announces Q2 and H1 FY2027 unaudited financial results and capacity expansion
- Fundraise / allotmentNotableAther Energy Limited allots equity shares and convertible warrants via preferential issue
- Board / shareholder meeting outcomeNotableAther Energy shareholders approve preferential issue of equity shares and warrants at EGM
- Board / shareholder meeting outcomeNotableAther Energy Limited holds EGM on August 14, 2026, approves preferential issue
Other fundraise / allotment filings this fortnight
- Supreme Engineering allots 14,50,00,000 warrants at ₹2.60 on preferential basis
- Bajaj Finance Limited allots 5.74 crore warrants to Bajaj Finserv on 10 Nov 2026
- Bajaj Finance approves preferential issue of 5.74 crore warrants to Bajaj Finserv
- Chaman Metallics Limited announces H1 FY27 financial results and proposed Rights Issue
- Harmony Capital Services receives BSE approval for preferential issue of shares
- Kuber Udyog: open offer corrigendum, allotments of shares and warrants at ₹23.10
Potential multibaggers · Q2 FY27
Potential multibaggers in Automobiles
on management's own guidance
- M & MGood growth2
- Strong growth1
- Bajaj AutoGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.