Ather Energy Board Approves ₹2,500 Crore Fundraising via QIP and Rights

Board approved fundraising of up to 2500 Cr. This includes up to 1500 Cr via a Qualified Institutions Placement (QIP) and up to 1000 Cr through equity shares, foreign currency convertible bonds (FCCBs), or other securities. The company will seek shareholder approval for the QIP via postal ballot.