With reference to the captioned subject, we wish to inform that the Board of Directors of Ather Energy Limited have vide circular resolution passed on May 08, 2026, allotted 3,09,372 equity ....
ATHERENERG · price
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Ather Energy Limited's Board passed a circular resolution on May 08, 2026, allotting 3,09,372 equity shares of INR 1/- 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 38,26,73,164 to INR 38,29,82,536. These newly allotted shares will rank pari-passu with existing equity shares. The dilution is minimal at approximately 0.08% given the relatively small number of shares compared to the existing capital base.
This is a routine ESOP-related equity issuance with negligible shareholding dilution. There is no material impact on the stock price as this represents employee stock option exercises rather than a public offering or secondary sale. Shareholders' percentage ownership will be marginally diluted.