We wish to inform that the Board of Directors of Ather Energy Limited ("The Company") have vide circular resolution passed on May 30, 2026, alloted 1,38,434 equity shares of face value ....
ATHERENERG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ather Energy's Board of Directors passed a circular resolution on May 30, 2026, allotting 1,38,434 equity shares of INR 1/- face value each to eligible ESOP holders who exercised their stock options under the Ather Energy ESOP 2025 Plan. The paid-up share capital increased from INR 38,29,82,536 to INR 38,31,20,970 as a result of this allotment. The new shares will rank pari-passu with existing equity shares. This is a routine ESOP exercise and does not involve any fresh capital raise from external investors.
Minor dilution of approximately 0.036% for existing shareholders. No direct impact on stock price expected as this is routine ESOP conversion rather than fresh capital infusion.