Ather Energy Allots 4,94,266 Equity Shares to ESOP Holders Under 2025 Plan

Ather Energy Limited has announced the allotment of 4,94,266 equity shares to eligible Employee Stock Option Plan (ESOP) holders who exercised their stock options under the Ather Energy ESOP 2025 Plan. The Board of Directors approved this allotment during their meeting held on February 02, 2026. Share Capital Enhancement The allotment has resulted in an increase in the company's paid-up share capital, reflecting the exercise of stock options by eligible employees. The newly issued shares carry a face value of Rs. 1/- each and will rank pari-passu with existing equity shares, ensuring equal rights and privileges for all shareholders. Parameter: Before Allotment After Allotment Paid-up Share Capital: Rs. 38,18,41,151/- Rs. 38,23,35,417/- Number of Equity Shares: 38,18,41,151 38,23,35,417 Face Value per Share: Rs. 1/- Rs. 1/- ESOP Allotment Details The allotment represents the successful exercise of stock options by employees under the company's structured employee incentive program. The shares were issued as part of the Ather Energy ESOP 2025 Plan, demonstrating the company's commitment to employee participation in its growth. Particulars: Details Type of Securities: Equity shares having face value of Rs. 1/- each Type of Issuance: ESOP allotment Total Shares Allotted: 4,94,266 (Four lakhs Ninety-Four Thousand Two Hundred and Sixty Six) Plan Name: Ather Energy ESOP 2025 Plan Regulatory Compliance and Disclosure The company has fulfilled all requisite disclosure requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The formal intimation was communicated to both the National Stock Exchange of India Limited (NSE Symbol: ATHERENERG) and BSE Limited (Scrip Code: 544397) on the same day. Company Secretary and Compliance Officer Puja Aggarwal digitally signed the disclosure documents, confirming adherence to all statutory requirements and ensuring transparency in the allotment process. Ather Energy 's Co-CEO has provided reassurance to stakeholders regarding the potential impact of China's rare earth magnet export restrictions on the company's third quarter performance. The executive stated that these restrictions are not expected to significantly affect the company's Q3 results. Supply Chain Resilience The statement addresses growing concerns within the electric vehicle industry about potential supply chain disruptions stemming from China's export controls on rare earth magnets. These materials are critical components in electric vehicle motors and various other applications within the EV ecosystem. Market Context China's restrictions on rare earth magnet exports have raised questions across the global electric vehicle industry about supply chain vulnerabilities and the need for alternative sourcing strategies. The Co-CEO's comments suggest that Ather Energy has managed to navigate these challenges without material impact on its quarterly performance. Industry Implications The company's position on this matter provides insight into how established electric vehicle manufacturers are managing supply chain risks in an increasingly complex global trade environment. The statement reflects the company's confidence in its current supply chain arrangements and operational resilience. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.