Summary of Key Information:
Nature of Filing / Announcement: Outcome of Board Meeting regarding Qualified Institutional Placement (QIP)
Date of Board Meeting / Approval: July 15, 2026
Meeting Duration: Commenced at 7:45 pm (IST) and concluded at 8:05 pm (IST)
Corporate Actions:
Fundraising Activity: Qualified Institutional Placement (QIP)
- Floor Price: ₹1,169.70 per Equity Share
- Relevant Date for Floor Price Determination: July 15, 2026
- Discount Allowance: Up to 5% discount on the floor price may be offered at company's discretion
- Final Pricing: Issue price to be determined in consultation with book running lead managers
- Approval Timeline: Board initially approved on June 12, 2026; shareholders approved via special resolution through postal ballot on July 14, 2026
- Issue Opening Date: July 15, 2026
Documentation: Preliminary Placement Document dated July 15, 2026 has been filed with exchanges and is available on company website: https://www.atherenergy.com/investor-relations
Company Contact:
Company Secretary & Compliance Officer: Puja Aggarwal (Membership No: A49310)