Caladium Investment Pte Ltd sold 12,074,306 equity shares of Ather Energy in the open market on August 28, 2026. The transaction reduced its total stake to 3.24% of the company’s paid-up capital.

The Singapore-based investor filed a disclosure under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing details the reduction in shareholding following multiple tranches of sales executed between May and August 2026.

Shareholding Changes

Prior to this specific disposal, Caladium held 24,902,573 shares, representing 6.29% of Ather Energy’s equity share capital. This holding was already reduced from an earlier position after previous trades.

The post-sale holding stands at 12,828,267 shares. There are no encumbrances, pledges, or liens on these shares. Caladium holds no warrants or convertible securities linked to the target company.

Regulatory Context

The disclosure was triggered because the current disposal, when aggregated with prior trades since the last regulatory filing, resulted in a cumulative change of 4.97% in Caladium’s shareholding. This exceeds the 2% threshold prescribed under Regulation 29(2) read with Regulation 29(3) of the SAST Regulations.

Between May 15, 2026, and August 27, 2026, Caladium had disposed of 7,601,150 shares in multiple tranches. These prior trades did not individually trigger a disclosure as they aggregated to less than a 2% change from the last reported position. However, the addition of the August 28 transaction crossed the cumulative threshold.

Capital Structure Updates

Ather Energy’s total paid-up equity share capital increased to 396,119,200 fully paid-up equity shares as of August 25, 2026. This increase followed the allotment of equity shares.

The company’s total diluted share/voting capital stands at 410,854,986 equity shares. This figure includes outstanding ESOPs granted under the Ather Energy ESOP 2025 Plan and convertible warrants allotted to India Japan Fund, Hero MotoCorp Limited, and other entities in late August 2026.

Ather Energy Limited will conduct physical group meetings with investors and analysts in Bengaluru on September 7 and September 9, 2026. The company issued the disclosure on August 31, 2026.

Meeting Schedule

The electric vehicle manufacturer has scheduled two separate sessions for stakeholder engagement. Both events will take place in person at the company's Bengaluru location.

Regulatory Disclosure

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Ather Energy confirmed that discussions during these sessions will be based exclusively on publicly available information.

The company emphasized that no Unpublished Price Sensitive Information (UPSI) will be shared. The schedule remains subject to change due to exigencies involving either the investors or the company.

Compliance Details

Puja Aggarwal, Company Secretary and Compliance Officer, signed the disclosure. The intimation is also available on the company's website under the Investor Relations section.