Ather Energy Limited has informed the Exchange regarding allotment of 297012 equity shares pursuant to ESOP.
ATHERENERG · price
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Ather Energy Limited has allotted 2,97,012 equity shares of face value Rs. 1 each to eligible employees who exercised their stock options under the Ather Energy ESOP 2025 Plan. This allotment was done via a board circular resolution passed on March 30, 2026. As a result, the company's paid-up share capital has increased from Rs. 38.24 crore to Rs. 38.27 crore, with total equity shares now standing at 38,26,73,164. The newly issued shares will rank equally with existing equity shares in all respects. This is a routine disclosure under SEBI Listing Regulations.
This is a minor equity dilution of about 0.78% from ESOP exercises and is unlikely to have a material impact on the stock price. It indicates employee participation in the company's growth but does not affect fundamentals.