Ather Energy Limited has scheduled its 13th Annual General Meeting for August 19, 2026, to review the company's performance for the financial year ended March 31, 2026. The meeting will be conducted through video conferencing and other audio-visual means at 11:00 a.m. IST, adhering to regulations issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.

The company will dispatch the Annual Report for FY26 and the Notice of the 13th AGM electronically to members whose email addresses are registered with the company, its Registrar and Transfer Agent, or Depository Participants. Shareholders can also access these documents on the company's official investor relations portal.

The intimation was submitted to the National Stock Exchange of India and BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Puja Aggarwal, Company Secretary and Compliance Officer, signed the disclosure on July 22, 2026.

Key Meeting Details

Ather Energy Limited has successfully concluded its Qualified Institutions Placement (QIP), allotting 1,08,15,307 equity shares at an issue price of ₹1,202 per share, aggregating to ₹1,299,99,99,014. The issue, which opened on July 15, 2026, and closed on July 20, 2026, saw participation from major mutual funds and foreign portfolio investors. The allotment price represents a premium of ₹1,201 over the face value of ₹1 and is higher than the floor price of ₹1,169.70 per share.

Issue Details and Pricing

The final issue price was determined in accordance with the pricing formula prescribed under Regulation 176(1) of the SEBI ICDR Regulations. The Fund Raise Committee of the Board of Directors approved the allotment via a circular resolution passed on July 20, 2026. Pursuant to the allotment, the paid-up equity share capital of the company has increased from ₹38,33,10,002 to ₹39,41,25,309.

Major Allottees

The placement attracted significant interest from institutional investors. HDFC Trustee Company Limited and Aditya Birla Sun Life Mutual Fund were among the top subscribers, receiving over 13% of the total issue size each when considering PAN clubbed holdings. Other key participants included Axis Mutual Fund, Edelweiss Mutual Fund, and Abu Dhabi Investment Authority.

Regulatory Compliance

Puja Aggarwal, Company Secretary & Compliance Officer, confirmed the submission of necessary details to the National Stock Exchange of India Ltd and BSE Limited under the SEBI LODR Regulations. The shareholding pattern of the company before and after the issue will be submitted along with the listing application.