Announced Wed, 15 Jul · 19:34 IST
Ather Energy board approves preferential issue at premium to floor price
Fund Raising View source PDF
ATHERENERG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.8%1-day move
₹1292.00
prior close
₹1325.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.4-1.9-3.1-4.3-0.8+0.4-0.1-1.9-4.8-6.2————
Up moveDown movePending
AI summary
Ather Energy board on July 15, 2026 approved a preferential issue of equity shares and convertible warrants. Equity shares will be issued to India-Japan Fund, a QIB, at INR 1,230 per share, which is INR 54.26 above the floor price of INR 1,175.74. Convertible warrants will go to promoters Hero MotoCorp, Tarun Sanjay Mehta and Swapnil Babanlal Jain at INR 1,260 per share on conversion, INR 84.26 above the floor price.
Likely market impact
Equity dilution from preferential issue. Promoter warrants signal confidence. Premium pricing reflects strong investor interest.