Hero MotoCorp to buy more Ather Energy shares for up to Rs 1,758 crore

Listed-company acquisitionStrategic Transactions View source PDF Explain this filing

HEROMOTOCO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.7%Reaction day

₹5550.00

prior close

₹5549.00

announcement price

After-mkt

timing

Nifty Midcap 150market-0.0%+0.7% vs market

2/3 Wheelers peers, median of 8sector+0.2%+0.5% vs sector

On the reaction day the stock moved 0.7 pts more than Nifty Midcap 150 and 0.5 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.9

10m

+1.1

15m

+1.2

30m

+1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.7-0.0+0.7+0.2+0.5

Next day

-1.8+0.1-1.9+0.4-2.2

-0.5-1.1+0.6+0.0-0.6

-4.9-1.7-3.2-1.6-3.3

-4.7-1.2-3.5-1.6-3.1

-4.5-1.4-3.1+0.6-5.1

-3.9-1.8-2.1-0.5-3.4

15d

-2.5-2.9+0.5-1.7-0.8

-2.9-6.1+3.2-5.8+2.9

-4.1-10.4+6.3-7.0+2.9

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UpDownMarket · Nifty Midcap 150Sector · 2/3 Wheelers peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Hero MotoCorp will buy additional shares in Ather Energy, its existing associate, for up to Rs 1,758 crore in cash. This raises its stake from 29.88 percent to about 32.8 percent on a fully diluted basis. Ather makes electric two-wheelers and reported FY26 turnover of Rs 3,671.76 crore, up from Rs 2,255 crore in FY25. Deal expected by September 3, 2026. Not a related party transaction.

Likely market impact

Signals continued confidence in EV two-wheeler growth. Raises Hero MotoCorp stake in Ather to about 32.8 percent, strengthening strategic influence.