EVsInc423 days ago
Ather's Board Approves Plan To Raise ₹2,500 Cr
3 min read
Ather Energy's board approved raising up to ₹2,500 crore via QIP and other equity-linked instruments. The EV maker plans ₹1,500 crore through QIP and ₹1,000 crore through preferential issue, rights issue, or FCCBs. Ather trimmed net loss 57% YoY to ₹100.2 crore in Q4 FY26 while revenue surged 73.7% to ₹1,174.7 crore.
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