Announced Wed, 8 Jul · 15:29 IST
Ather Energy confirms INR 1500 Crore QIP plan, clarifies on news report
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
+6.8%1-day move
₹1140.00
prior close
₹1206.10
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+6.8+7.2+4.2+5.7+13.3+12.5————
Up moveDown movePending
AI summary
Ather Energy clarified to exchanges on a Moneycontrol news report about hiring 12 investment banks. On June 12, 2026, the Board had approved raising up to INR 2,500 Crores, including a QIP of up to INR 1,500 Crores. A postal ballot for the QIP has been sent to members. The company said all material information has been disclosed and it is not aware of any undisclosed price-sensitive information.
Likely market impact
Confirms ongoing fund raise of up to INR 1,500 Cr via QIP; near-term dilution possible once pricing is decided.