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 |
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