Economic TimesLean R·
Hero to invest Rs. 1k cr in Ather Energy
Hero MotoCorp on Tuesday announced its invetsment of Rs 1,000 crore in electric two-wheeler maker Ather Energy through a preferential allotment, deepening its commitment to the EV company in which it is already the largest shareholder.The company's Board approved the subscription to equity shares or other eligible securities, including compulsorily convertible preference shares and warrants, to be issued by Ather on a preferential basis. The investment is subject to necessary approvals, includi…
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