Ather Energy rolls out Esops worth Rs 22.4 crore
Electric two-wheeler maker Ather Energy has allotted 2.97 lakh equity shares to employees under its Employee Stock Ownership Plan (Esop) 2025 plan, following the exercise of stock options, according to a regulatory filing.
Based on Ather’s BSE closing price of Rs 753 per share on Monday, the Esops are valued at Rs 22.4 crore. The Indian stock markets are shut today (Tuesday) for a public holiday.
“The shares have been allotted to eligible ESOP holders who have exercised their stock options under Ather Energy ESOP 2025 Plan,” the company said in the filing.
