Ather Energy board approves Rs 2,500-crore fundraising plan
Ather Energy's board has greenlit a substantial fundraising plan, aiming to secure up to Rs 2,500 crore. This significant capital infusion will be achieved through a combination of equity and converti
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Ather Energy's board has greenlit a substantial fundraising plan, aiming to secure up to Rs 2,500 crore. This significant capital infusion will be achieved through a combination of equity and convertible securities, including a Rs 1,500 crore Qualified Institutional Placement and Rs 1,000 crore from various other instruments.
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