Hero MotoCorp takes a bigger slice of Ather Energy with 3% stake hike for Rs 140 crore

Hero MotoCorp takes a bigger slice of Ather Energy with 3% stake hike for Rs 140 crore

Hero MotoCorp has increased its stake in Bengaluru-based electric vehicle manufacturer Ather Energy by acquiring shares worth Rs 140 crore, a BSE filing from the company said. The company’s stake has risen from 36.7 percent to 39.7 percent through this additional share purchase. This move follows Ather Energy’s earlier funding round of Rs 900 crore, … Read more