SynopsisThe investment comes soon after Hero invested Rs 960 crore in Ather through convertible warrants. Ather’s exchange filing shows Hero was allotted 76.19 lakh warrants at Rs 1,260 apiece. The warrants are convertible into an equal number of equity shares, with 25% payable upfront and the rest at the time of conversion.Hero MotoCorp is doubling down on its investment in the electric two-wheeler maker Ather Energy, picking up an additional 3% stake for Rs 1,758 crore in a secondary transaction, per an exchange filing.The transaction will take Hero’s holding in Ather to 32.8% from 29.88%. The shares will be acquired from an existing shareholder and the transaction is expected to close by September 3.The investment comes soon after Hero invested Rs 960 crore inNow Playing