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Company Information

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ATHER ENERGY LTD.

26 June 2025 | 12:00

Industry >> Auto Ancl - Batteries

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ISIN No INE0LEZ01016 BSE Code / NSE Code 544397 / ATHERENERG Book Value (Rs.) 3.79 Face Value 1.00
Bookclosure 52Week High 344 EPS 0.00 P/E 0.00
Market Cap. 12514.64 Cr. 52Week Low 288 P/BV / Div Yield (%) 88.54 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Our Company was originally incorporated as "Ather Energy Private Limited" as a private limited company under the provisions of the Companies Act, 1956, pursuant to a certificate of incorporation dated October 21, 2013 issued by the Registrar of Companies, Tamil Nadu, Chennai, Andaman and Nicobar Islands. Pursuant to a change in the registered office of our Company, a certificate of registration dated May 31, 2016, was issued by the Registrar of Companies, Karnataka at Bangalore. Upon the conversion of our Company into a public limited company, pursuant to a Board resolution dated June 18, 2024 and a shareholders' resolution dated June 21, 2024, the name of our Company was changed to "Ather Energy Limited", and a fresh certificate of incorporation dated August 27, 2024 was issued by the Registrar of Companies, Central Processing Centre.

Major Events and Milestones:
2013
-Founded by Tarun Sanjay Mehta and Swapnil Babanlal Jain

2018
- Launch of Ather 450
- Launch of our first experience center and charging infrastructure

2020
- Launch of Ather 450X

2021
- Commenced operations at the first facility in Hosur factory

2022
- Commenced operations at the second facility in Hosur factory

2023
- Launch of Ather 450S

2024
- Launch of Ather 450 Apex and Rizta
- Crossed cumulative sales of 341,113 E2Ws
- Sub-lease of land for 95 years for setting up of Factory 3.0 in Chhatrapati Sambhajinagar, Maharashtra