Ather Energy Limited has informed the Exchange regarding allotment of 1351410 equity shares of face value of Rs. 1/- each pursuant to exercise of ESOPs vide circular resolution of the Board of Directors dated September 21, 2025.
ATHERENERG · price
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Ather Energy has allotted 1,351,410 equity shares with a face value of Rs. 1 each following the exercise of Employee Stock Options (ESOPs). The allotment was approved through a circular resolution passed by the Board of Directors on September 21, 2025. This is a routine corporate action related to the company's employee stock incentive plan. The shares are being issued to employees who vested and exercised their stock options.
This results in a minor equity dilution as new shares are issued to employees, slightly reducing the percentage holding of existing shareholders. The impact on share price is generally negligible unless the allotment size is very large relative to total share capital.