Ather Energy Limited will host a group of analysts and investors on August 29, 2026, in conjunction with its scheduled Ather Community Day. The meeting follows sustained interest from the investment community regarding the event.

The company issued the disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This intimation serves as a follow-up to the July 14, 2026 press release announcing the Community Day.

Meeting Details

The analyst/investor group meeting is designed to facilitate engagement with stakeholders attending the broader event. The company emphasized that the session will adhere to strict compliance protocols regarding information sharing.

Key parameters for the interaction include:

• Discussions will be based exclusively on publicly available information.
• No Unpublished Price Sensitive Information (UPSI) will be shared during the meetings.

Compliance and Record

Puja Aggarwal, Company Secretary and Compliance Officer, signed the intimation on August 27, 2026. The company stated that a copy of this disclosure would be made available on its website under the Investor Relations section for public record.

Ather Energy has approved the allotment of equity shares and convertible warrants worth over ₹1,200 crore through a preferential issue. The move raises significant capital for the electric vehicle manufacturer while deepening strategic ties with key investors.

The Board of Directors approved the allotment on August 25, 2026, following shareholder approval at an extraordinary general meeting held on August 14, 2026. The issuance includes 16,26,016 fully paid-up equity shares and 79,36,507 convertible warrants.

Allotment Details

The equity shares were allotted to the India Japan Fund (IJF), represented by National Investment and Infrastructure Fund Limited. The warrants were allotted to promoter entities Hero MotoCorp Limited, Mr. Tarun Sanjay Mehta, and Mr. Swapnil Babanlal Jain.

Pricing and Terms

Equity shares were issued at a price of ₹1,230 each, including a premium of ₹1,229. The convertible warrants were issued at ₹1,260 each. Each warrant is convertible into one fully paid-up equity share at a premium of ₹1,259 per share.

Warrant holders are required to pay only 25% of the issue price upfront. The remaining 75% is payable upon conversion. The warrants must be converted within 18 months from the date of allotment; otherwise, they will lapse, and the subscription amount will be forfeited.

What the Numbers Show

The structure of this issuance highlights a distinct capital strategy between external and promoter funding. While the India Japan Fund received immediate equity, promoter interests secured their stake primarily through warrants. This means the majority of the capital raised—approximately ₹760 crore of the total ₹960 crore in warrant value—remains contingent on future conversion rather than being immediately realized as cash inflow for the company.

Shareholding Pattern

Consequent to the allotment, Ather Energy’s paid-up equity share capital increased from ₹39.44 crore to ₹39.61 crore. The post-allotment shareholding pattern, calculated on a fully diluted basis assuming full warrant conversion, shows:

• India Japan Fund: 5.87%
• Hero MotoCorp Limited: 29.88%
• Mr. Tarun Sanjay Mehta: 4.73%
• Mr. Swapnil Babanlal Jain: 4.73%

The new securities rank pari-passu with existing equity shares. The company has received in-principle approvals from NSE and BSE for listing the equity shares.