Ather Energy Update on Amended ESOP Plan Resolutions

Ather Energy has announced an update regarding resolutions for its ‘Amended and Restated Ather Energy ESOP Plan 2025’. The resolutions were approved by members on August 17, 2025. A correction was issued regarding the total number of options granted, which had been inadvertently stated. The corrected data is provided in the updated details.

ESOP Plan Resolution Update

Ather Energy is providing an update to the resolutions concerning its ‘Amended and Restated Ather Energy ESOP Plan 2025’, following member approval on August 17, 2025.

Correction to Options Data

The total number of options granted was incorrectly stated in the original notice (item no. 2 on page 19). The company clarifies the correct figures in the table below:

Options Pool Size* 1,82,56,428
Total Options Granted 1,92,43,821
Options Lapsed/Expired 27,70,627
Net Options Granted (B-C) 1,64,73,194
Options Exercised NIL
Options Outstanding (available for grant) in the pool (A-D) 17,83,234
*Does not include 84Lac options proposed for approval in the Notice. With approval, Options Pool size reads as 2,66,56,428.The options lapsed/expired were available for re-grant and hence have been used accordingly.

Impact of the Change

The company states that the correction has no bearing on the approved resolutions regarding the ‘Amended and Restated Ather Energy ESOP Plan 2025’.

Source: BSE

InvestyWise News
InvestyWise News
Covers market-moving news with speed and precision, delivering sharp insights to help readers stay ahead in the fast-paced world of stocks.

Latest articles

Related articles

Leave a reply

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!