Ather Energy board approves Rs 2,500-crore fundraising plan (opens original article in a new tab)

Ather Energy's board approved a Rs 2,500 crore fundraising plan to support growth, including expanding manufacturing and distribution in the competitive electric two-wheeler market.

• Ather Energy's board approved a Rs 2,500 crore fundraising plan through equity and convertible securities.
• The plan includes Rs 1,500 crore via QIP and Rs 1,000 crore from other instruments like FCCBs and preferential issues.
• Ather Energy aims to strengthen its balance sheet and expand manufacturing, product development, and distribution.
• The company reported strong operating metrics and expanded retail footprint to 700 stores during FY26.