Ather Energy’s Board of Directors convened on August 03, 2026, to approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The board also sanctioned the allotment of 3,67,875 equity shares to ESOP holders and granted 80,223 new ESOPs to eligible employees under the Ather Energy ESOP 2025 Plan.
Ather Energy Board Meeting Outcome
The Board of Directors of Ather Energy Limited met on August 03, 2026, to discuss and approve key company matters. The meeting resulted in the approval of the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. These results were accompanied by a Limited Review Report from M/s. Deloitte Haskins & Sells.
ESOP Allotment and Grant
In addition to the financial results, the Board approved the allotment of 3,67,875 equity shares. These shares, with a face value of INR 1/- each, were issued to eligible ESOP holders who exercised their stock options under the Ather Energy ESOP 2025 Plan. The issued shares will rank pari-passu with the existing equity shares of the Company.
Furthermore, the company granted 80,223 Employee Stock Options (ESOPs) to eligible employees under the Ather Energy ESOP 2025 Plan. The details concerning these ESOP grants and allotments are provided in Annexure A and Annexure B, respectively.
Financial Highlights
The unaudited financial statements reveal a total income of ₹1,259.65 crore for the quarter ended June 30, 2026, compared to ₹672.91 crore for the same period in the previous year. Total expenses amounted to ₹1,310.74 crore, resulting in a loss before tax of ₹51.09 crore for the quarter. The total comprehensive loss for the period stood at ₹51.09 crore.
Source: BSE
