Hero MotoCorp invests ₹960 crore in Ather Energy, using convertible warrants to enhance cash-flow flexibility and market presence.

Hero MotoCorp invests ₹960 crore in Ather Energy, using convertible warrants to enhance cash-flow flexibility and market presence.

Hero MotoCorp will buy Ather Energy shares worth up to ₹1,758 crore, raising its stake to 32.8% amid intensifying electric two-wheeler competition.

Ather Energy shares gained nearly 4% after Hero MotoCorp announced an investment of up to Rs 1,758 crore to raise its stake in the electric two-wheeler maker to around 32.8%.…