Key Transaction Details
- Type of Security Issued: Equity shares with a face value of ₹1 each.
- Number of Shares Allotted: 4,84,551 (Four Lakh Eighty-Four Thousand Five Hundred and Fifty-One).
- Type of Issuance: Allotment under the Ather Energy ESOP 2025 Plan.
- Date of Board Approval: The allotment was approved by the Board of Directors via a circular resolution passed on September 01, 2026.
- Allottees: Eligible ESOP holders who exercised their stock options.
Capital Structure Impact
The allotment has resulted in a change to the company's paid-up share capital:
- Pre-allotment Capital: ₹39,61,19,200, consisting of 39,61,19,200 equity shares.
- Post-allotment Capital: ₹39,66,03,751, consisting of 39,66,03,751 equity shares.
- Increase in Capital: The transaction resulted in an increase of ₹4,84,551 in paid-up share capital.
The newly allotted shares will rank pari-passu with the existing equity shares of the company in all respects.