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The Economic Times
The Economic Times
Technology

FOUND: Ather board to consider fresh fundraise on june 12 | Mind Blowing Facts

Electric two-wheeler maker Ather Energy's board will meet on June 12 to consider raising fresh capital, the company said in an exchange filing on Tuesday.

Ather said it will look to raise funds through various instruments, including equity shares, foreign currency convertible bonds (FCCBs), non-convertible debentures, warrants and other convertible securities. The fundraising could be undertaken through a qualified institutional placement (QIP), rights issue, preferential allotment or private placement.

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