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Ather share price up 7% after Hero MotoCorp increases stake
Existing shareholder Hero MotoCorp said it will invest Rs 1,758 crore to acquire additional shares in Ather Energy.
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thehindubusinessline.com
Hero MotoCorp commits ₹960 crore to Ather
Hero MotoCorp invests ₹960 crore in Ather Energy, using convertible warrants to enhance cash-flow flexibility and market presence.
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Hero MotoCorp to raise Ather Energy stake to 32.8%
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.
