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HomeMarket NewsAther Energy Block Deal | 32.79 lakh shares worth ₹233 crore change hands
On Tuesday, February 10, sources told CNBC-TV18 that the Investment and Infrastructure Fund (NIF) was to sell up to 1.92% stake in Ather Energy via a block deal.
By Vivek Iyer February 11, 2026, 9:09:41 AM IST (Published)
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As many 32.79 lakh shares of Ather Energy Ltd. worth ₹233 crore changed hands in block deal window.
On Tuesday, February 10, sources told CNBC-TV18 that the Investment and Infrastructure Fund (NIF) was to sell up to 1.92% stake in Ather Energy via a block deal.
The offer size was estimated at ₹533.5 crore and the deal rice was expected in the ₹705.7 to ₹727.5 per share, sources added.
At the end of the December quarter, the Investment and Infrastructure Fund Ii held 1.92% stake in the company.
Ather Energy reported a net loss of ₹83.6 crore in the third quarter compared to ₹197.6 crore in the previous year.
Its revenue increased 50% to ₹953.6 crore from ₹635 crore in the third quarter of the previous fiscal. Its adjusted gross margin increased 111% to ₹251.3 crore from the previous year.
The company's earnings before interest, tax, depreciation and amortisation (EBITDA) reduced to ₹72 crore from ₹140 crore in the previous year.
Shares of Ather Energy ended the previous session 0.1% lower at ₹725.05 apiece. The stock has gained 13.4% in the past month, 72% in the last six months and 140% in the past year.
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