Board Meeting8 Jun 2026, 09:51 pm
Ather Energy Board Meeting on June 12 to Discuss Fund Raising
AI Summary
Ather Energy Ltd has announced that its Board of Directors will convene on June 12, 2026, to consider and approve a proposal for raising funds. The fundraising can be through various instruments including equity shares, FCCBs, NCDs, warrants, or other eligible securities, via methods like public issue, rights issue, private placement, or preferential issue. The company has also stated that the trading window for its securities will remain closed until 48 hours after the board meeting's outcome is disclosed.
Key Highlights
- Board meeting scheduled for June 12, 2026, to discuss fund raising.
- Fundraising options include equity, FCCBs, NCDs, and warrants.
- Multiple issuance methods are being considered, including private placement and rights issue.
- Trading window for Ather Energy securities will be closed until post-announcement.