Hero MotoCorp Limited has successfully completed the purchase of an additional 1,18,80,000 equity shares in Ather Energy Limited, an associate company. The total consideration for this transaction amounted to approximately Rs. 1,758 crore. Following this acquisition, Hero MotoCorp’s shareholding in Ather Energy now stands at around 32.8% on a fully diluted basis, indicating a strengthened strategic investment in the electric vehicle segment.
Hero MotoCorp Expands Ather Energy Investment
Hero MotoCorp Limited announced today, August 28, 2026, the completion of its strategic decision to acquire further equity in its associate company, Ather Energy Limited. This significant investment underscores Hero MotoCorp’s commitment to expanding its presence in the electric mobility space.
Transaction Details and Shareholding
The company has purchased 1,18,80,000 equity shares of Ather Energy for a total consideration of approximately Rs. 1,758 crore. This substantial acquisition has increased Hero MotoCorp’s stake in Ather Energy to approximately 32.8% on a fully diluted basis. This move is expected to further consolidate Hero MotoCorp’s position and influence in the rapidly growing electric two-wheeler market.
Source: BSE
