Ather Energy Limited has informed the Exchange regarding a press release dated May 21, 2025, titled "Ather Energy Limited Expands Its Presence With Its Second Experience Centre in Indore".
ATHERENERG · price
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Awaiting price reaction for this filing.
Ather Energy has opened its second Experience Centre ('Ather Space') in Indore, in partnership with Seona E Vehicle Private Limited (Khandelwal family). With this, Ather now has 2 experience centres in Indore and 18 across Madhya Pradesh, along with 14 service centres in the state. The new centre also houses an Ather Gold Service Centre offering 60-minute ExpressCare maintenance. The outlet will sell the Ather 450 performance scooters and the Rizta family scooter, with prices ranging from ₹1,08,681 for the Rizta S to ₹1,90,681 for the 450 Apex (ex-showroom Indore). Ather also highlighted its charging infrastructure — 68 Ather Grid fast chargers in Madhya Pradesh and 3,578 across India as of March 31, 2025.
This is a routine retail network expansion announcement with no direct financial impact. It signals continued distribution growth in tier-2 cities and strong local demand for the Rizta, which is positive for long-term revenue visibility but unlikely to move the stock price meaningfully on its own.