Ather Energy Doubles Service Network to 500 Centers, Launches ExpressCare Initiative

Ather Energy has achieved a significant milestone by doubling its service network to 500 authorized centers across India in FY26, expanding from 277 centers in the previous year. The company announced this expansion through an official press release filed under Regulation 30, demonstrating its commitment to building robust customer support infrastructure nationwide alongside its growing retail footprint.

Service Network Expansion Details

The substantial expansion represents nearly a 100% growth in service capacity within a single fiscal year. This network expansion enables the company to provide better accessibility and support to customers across Tier-1, Tier-2, and emerging cities throughout India.

Parameter:	Details
Service Centers FY26:	500 centers
Service Centers Previous Year:	277 centers
Growth Rate:	Nearly doubled
ExpressCare Centers:	82 centers
Service Duration:	60-minute maintenance

Enhanced Service Offerings

Ather Energy has introduced several service innovations to improve customer experience. The company's Gold Service Centres feature modern customer lounges, advanced service equipment, and streamlined processes that enhance transparency and reliability. The ExpressCare initiative, available at 82 centers, offers 60-minute periodic maintenance service, allowing riders to complete routine maintenance quickly without compromising quality.

Market Demand and Strategic Growth

The service network expansion comes amid strong demand for Ather scooters, including the Ather 450 performance line and the Rizta family scooter, which have broadened the company's reach into new customer segments and markets. As of December 31, 2025, Ather Energy operates 600 Experience Centres and plans to scale to 700 Experience Centres by FY26.

Commenting on the milestone, Ravneet Singh Phokela, Chief Business Officer at Ather Energy, stated that crossing 500 service centres represents an important milestone as the company continues to scale its retail footprint and customer base. He emphasized that reliable after-sales support has been a core focus from the early days, as having a strong service network becomes critical as the company's presence grows.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-5.32%	-3.41%	+6.06%	+39.66%	+149.42%	+149.42%

Ather Energy Limited has announced the allotment of 40,735 equity shares to eligible employees under its Employee Stock Option Plan (ESOP). The allotment was approved by the Board of Directors through a circular resolution passed on February 27, 2026.

Share Allotment Details

The allotted shares were issued to ESOP holders who exercised their stock options under the Ather Energy ESOP 2025 Plan. Each equity share carries a face value of Rs. 1/- and will rank pari-passu with the existing equity shares of the company in all respects.

Parameter	Details
Number of Shares Allotted	40,735
Face Value per Share	Rs. 1/-
Plan Name	Ather Energy ESOP 2025 Plan
Approval Date	February 27, 2026
Type of Issuance	ESOP allotment

Impact on Share Capital

Following this allotment, the company's paid-up share capital structure has been updated:

Share Capital Component	Before Allotment	After Allotment
Paid-up Share Capital	Rs. 38,23,35,417/-	Rs. 38,23,76,152/-
Total Equity Shares	38,23,35,417	38,23,76,152
Face Value per Share	Rs. 1/- each	Rs. 1/- each

Regulatory Compliance

The company has informed both the National Stock Exchange of India Ltd and BSE Limited about this allotment as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was signed by Puja Aggarwal, Company Secretary and Compliance Officer, ensuring full regulatory compliance.

This ESOP allotment reflects the company's commitment to employee participation in its growth story through equity ownership, allowing eligible employees to benefit from the company's performance.