Promoter and Director Swapnil Babanlal Jain bought 158,730 shares of Ather Energy Limited for ₹20.00 Cr at ₹1260.00 apiece via a preferential offer, increasing their stake from 4.80% to 4.73%.
An Indian electric two-wheeler manufacturer, Ather Energy designs and assembles electric scooters alongside battery packs and charging infrastructure. The company develops proprietary software systems to support its vehicles and charging ecosystem. Founded in 2013, it operates as a vertically integrated player in the electric scooter segment, handling product design, in-house manufacturing, technology development, and charging network expansion independently.
