Ather Energy’s Board of Directors approved the incorporation of a Wholly Owned Subsidiary (WOS) in Hong Kong on February 02, 2026. This strategic move aims to bolster the company’s critical procurement functions and enhance supply chain resilience within the Asia-Pacific (APAC) region. Ather Energy plans to fund 100% of the initial paid-up share capital.
Hong Kong Subsidiary Approved
Ather Energy is expanding its global footprint by establishing a Wholly Owned Subsidiary (WOS) in Hong Kong. The Board of Directors gave the green light to this initiative on February 02, 2026.
Strategic Rationale
The primary goal of establishing the WOS is to optimize Ather Energy’s critical procurement processes and strengthen its supply chain network across the Asia-Pacific (APAC) region.
Subsidiary Details
Ather Energy will hold 100% ownership of the new subsidiary. The company intends to finance 100% of the initial paid-up share capital of the WOS through cash consideration.
Source: BSE
