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Ather Energy has allotted 433,842 equity shares to employees following the exercise of
stock options, the electric scooter maker said in a stock exchange filing on Monday.
The Bengaluru-based company’s board approved the allotment through a circular resolution passed on December 29, under the Ather Energy Employee Stock Ownership Plan, 2025.
Following the issuance, Ather Energy’s paid-up share capital increased to Rs 38.18 crore from Rs 38.14 crore.
The company did not disclose the exercise price of the options or the number of employees covered…
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