Ather Energy Limited has responded to media reports regarding its capital-raising activities as per the exchange filings.
The company confirmed plans to issue securities worth ₹2,500 crore, including a Qualified Institutions Placement (QIP) of up to ₹1,500 crore, as approved by its Board of Directors.
On June 12, 2026, Ather Energy informed the National Stock Exchange of India Ltd and BSE about its Board's approval to raise funds through securities issuance up to ₹2,500 crore.
This includes a QIP of up to ₹1,500 crore. The company has dispatched a Postal Ballot to its members for approval of the equity shares issue through the QIP, with results to be shared post-ballot conclusion.
Ather Energy assured that all material events and information concerning the proposed fundraising have been disclosed as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company remains committed to informing the Stock Exchanges about further developments.
Ather Energy stated it is unaware of any undisclosed information that could explain trading movements of its equity shares. The company reiterated that all necessary disclosures have been made to the Stock Exchanges.
The company noted it is not aware of any material impact from the media article on its business, operations, or financial position. Ather Energy continues to uphold high standards of corporate governance and regulatory compliance.
Ather Energy is a premier Indian electric two-wheeler manufacturer founded in 2013 by IIT Madras alumni Tarun Mehta and Swapnil Jain. Headquartered in Bengaluru, it is a pioneer in India's smart, connected EV market, producing models like the Ather 450 and Ather Rizta.
As of July 09, 2026, at 11:42 AM, Ather Energy share price on NSE was trading at ₹1,234.30, up by 2.86% from the previous closing price.
Ather Energy confirmed its plan to raise ₹2,500 crore through securities issuance, including a ₹1,500 crore QIP. The company has complied with SEBI regulations for disclosure and is unaware of any undisclosed information affecting its share trading.
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Published on: Jul 9, 2026, 12:03 PM IST
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