Smart Money Alert
Ather Energy Limited
IncreasedSAST
ATHERENERG2/3 WheelersMarket Cap₹74K Cr
Stake
4.80% → 4.73%
Deal value
₹20.00 Cr
Shares
1.59 L
Trade date
25 Aug 2026
Since alert+8.3%₹1,717.70 → ₹1,859.80
Nifty 50+4.0%
TA
Tarun Sanjay Mehta
Promoter
The move
Tarun Sanjay Mehta, Promoter and Director of Ather Energy Limited, bought 1,58,730 shares for ₹20.00 Cr at ₹1260.00 apiece through a preferential offer. His stake changed from 4.80% to 4.73%. This transaction was part of a larger ₹1,200 crore preferential issue by Ather Energy Limited.
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.
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SBI Mutual Fund
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