Ather Energy Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/06/2026 ,inter alia, to consider and approve the proposal of raising of funds ....
ATHERENERG · price
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On the reaction day the stock moved 1.6 pts more than Nifty Smallcap 250 and 1.3 pts more than its 2/3 Wheelers peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Ather Energy has informed the stock exchanges that its Board of Directors will meet on Friday, June 12, 2026, to consider and approve a proposal to raise funds. The company may issue equity shares, foreign currency convertible bonds (FCCBs), non-convertible debentures, warrants, or any combination of these instruments. The fundraising could happen through a public issue, rights issue, private placement including a qualified institutions placement (QIP), or preferential issue, possibly in multiple tranches. The trading window for dealing in the company's shares has been closed and will reopen 48 hours after the outcome of the board meeting is shared with the exchanges. No specific size, price, or investor details have been disclosed yet.
This is a prior intimation, so the actual fundraise details (size, pricing, instruments) will be known only after the June 12 board meeting. For shareholders, this signals a potential dilution event depending on the final structure, which could weigh on the stock in the short term until clarity emerges.