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The exchange said the introduction of the contracts is based on the stock selection criteria prescribed by the Securities and Exchange Board of India (SEBI) and the regulator's approval.
NSE said the market lot and strike price scheme for the three securities will be announced through a separate circular on 25 August 2026. Details of the applicable quantity freeze will also be made available in the contract file before trading commences.
Ather Energy issued and allotted 1,08,15,307 equity shares of face value Re 1 each to eligible qualified institutional buyers at an issue price of Rs 1,202 per equity share (including a premium of Rs 1,201 per equity share), which is higher than the floor price of Rs 1,169.70 per equity share, aggregating to Rs1299.99 crore pursuant to the QIP issue.
The QIP issue opened on 15 July 2026 and closed on 20 July 2026.
With this allotment, the paid up equity share capital has increased to Rs 39,41,25,309 consisting of 39,41,25,309 equity shares of Rs 1 each.
Additionally, the company will raise Rs 1,000 crore through the issuance of equity shares and/or foreign currency convertible bonds (FCCBs), and/or any other eligible securities representing equity shares or convertible into or exchangeable for equity shares, whether rupee denominated or denominated in one or more foreign currency(ies) The proposed issuance may be undertaken through permissible routes, including a preferential issue, rights issue, or any other mode allowed under applicable laws.
Ather Energy designs and manufactures high-performance electric scooters. The company’s current E2W portfolio consists of two distinct product lines, viz., the Ather 450 series and the Ather Rizta, and together, these product lines offer a total of nine variants.
The company had reported a net loss of Rs 79.60 crore in Q4 FY26, which is significantly lower as compared with the net loss of Rs 197.80 crore recorded in Q4 FY25. Net sales for the period under review were Rs 953.60 crore, up 50.2% YoY.
The counter rose 0.03% to end at Rs 1028.15 on the BSE.
The instruments include equity shares, foreign currency convertible bonds (FCCBs), non-convertible debentures (NCDs), warrants, or other equity-linked securities.
The proposed capital raise may be executed through multiple routes, including a public issue, rights issue, qualified institutional placement (QIP), preferential allotment, private placement, or other permissible methods, subject to shareholder and regulatory approvals.