Ather Energy Approves ₹12 Billion Preferential Fundraise

Fundraise comprises preferential issue of 1.6 million equity shares and 7.9 million convertible warrants

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Electric two-wheeler manufacturer Ather Energy’s board has approved a preferential issue to raise up to ₹12 billion (~$124.5 million) through a combination of equity shares and convertible warrants.

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