Ather Energy Limited has informed the Exchange regarding allotment of 65,13,163 equity shares of face value of Rs. 1/- each pursuant to exercise of ESOPs vide circular resolution of the Board of Directors dated August 29, 2025.
ATHERENERG · price
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Ather Energy Limited has allotted 65,13,163 equity shares of face value Rs. 1 each to eligible employees who exercised their stock options under the Ather Energy ESOP 2024 Plan. The allotment was approved via a circular resolution by the Board of Directors on August 29, 2025. As a result, the company's paid-up share capital has risen from Rs. 37.25 crore (37.25 crore shares) to Rs. 37.90 crore (37.90 crore shares), representing a dilution of approximately 1.75%. The newly issued shares will carry equal rights as existing equity shares.
This is a routine ESOP allotment that slightly increases the share count and dilutes existing shareholders marginally. No material impact on stock price is expected as the dilution is small and employee stock options are part of normal compensation practice.