Ather Energy , a prominent player in the electric vehicle industry, has taken a significant step to enhance employee ownership and engagement. The company recently announced the allotment of equity shares under its Employee Stock Option Plan (ESOP), demonstrating its commitment to aligning employee interests with the company's growth.

Key Highlights of the ESOP Allotment

Impact on Company Structure

The Board of Directors of Ather Energy Limited has approved the allotment of 7,69,375 equity shares, each with a face value of Rs. 1, to eligible ESOP holders who exercised their stock options under the Ather Energy ESOP 2025 Plan. This move has led to an increase in the company's paid-up share capital from Rs. 38,06,37,934 to Rs. 38,14,07,309.

Implications for Shareholders

The newly allotted shares will rank pari-passu with the existing equity shares of the company in all respects. This means that the new shares will have equal rights in terms of voting, dividends, and other corporate benefits as the existing shares.

Conclusion

This ESOP allotment by Ather Energy reflects the company's strategy to incentivize and retain talent while fostering a sense of ownership among its employees. Such initiatives often aim to align the interests of employees with those of the company and its shareholders, potentially leading to increased motivation and long-term value creation.

Ather Energy , a leading Indian electric two-wheeler manufacturer, has announced the launch of its Rizta electric scooter in Sri Lanka, marking a significant step in its international expansion strategy. The unveiling took place at the Colombo Motor Show 2025, showcasing Ather's commitment to strengthening its presence in key international markets.

Market Entry Strategy

Ather Energy has partnered with Evolution Auto Pvt. Ltd, its authorized distributor in Sri Lanka, to facilitate this expansion. The company's approach to entering the Sri Lankan market includes:

• Establishing a network of 40 Experience Centers across the country
• Installing Ather Grid fast chargers to support convenient EV ownership
• Expanding its product portfolio with the introduction of the Rizta scooter

Rizta Scooter Features

The Rizta electric scooter, which has already gained popularity in India and Nepal, offers several key features tailored for the Sri Lankan market:

Ather's International Presence

Ather's expansion into Sri Lanka follows its successful entry into Nepal in November 2023. The company's international growth is highlighted by:

• 9 Experience Centres and 7 Service Centres in Nepal
• 40 Experience Centers in Sri Lanka
• A robust presence in India with 524 Experience Centres and 3,643 Ather grid fast-charging stations (as of September 30, 2025)

Company Overview

Ather Energy, founded in 2013, has established itself as a pioneer in the Indian electric two-wheeler market. Key highlights of the company include:

• Product Portfolio: Ather 450 series and Ather Rizta, offering a total of 9 variants
• Charging Network: 4,322 Fast chargers and Neighbourhood chargers globally
• Intellectual Property: 319 registered trademarks, 212 registered designs, and 48 registered patents

The launch of Rizta in Sri Lanka represents Ather Energy's continued commitment to expanding its global footprint and promoting sustainable transportation solutions in emerging markets.

Market Implications

This expansion into Sri Lanka could potentially impact Ather Energy's market position and financial performance. Investors may want to monitor the company's international sales figures and market reception in the coming quarters to assess the success of this strategic move.

Note: This article is based on the latest available information and does not constitute financial advice. Investors should conduct their own research before making any investment decisions.