Ather Energy Limited has informed the Exchange regarding allotment of 138434 equity shares pursuant to ESOP vide circular resolution passed on May 30, 2026
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Ather Energy Limited has allotted 138,434 equity shares of INR 1 each to eligible ESOP holders who exercised their stock options under the Ather Energy ESOP 2025 Plan. The allotment was approved via a circular resolution passed on May 30, 2026. As a result of this issuance, the company's paid-up share capital has increased from INR 38,29,82,536 to INR 38,31,20,970. The new shares will rank pari-passu with existing equity shares in all respects. This is a routine disclosure required under SEBI listing regulations.
This is a routine ESOP exercise with minimal impact on shareholder value as the dilution is very small (approximately 0.036%). It reflects employee participation in the company's equity plan.