Interesting Filing from Hero Moto Corp on Ather Energy
Hero will buy a stake worth INR 1765 Cr for around 2.92%, valuing Ather Energy at INR 66,000 Cr
The investment is proposed to be valuing Ather Energy at further 10% higher valuation from today market cap
https://x.com/BeatTheStreet10/status/2093192886892548270?s=20
Singapore's GIC sold the stake to Hero in the block deal today.
http://T.me/BeatTheStreetNews
GIC had first backed Ather in 2022 when it was valued at about Rs 6,000 crore, and then participating in follow on rounds.
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Interesting Filing from Hero Moto Corp on Ather Energy
Hero will buy a stake worth INR 1765 Cr for around 2.92%, valuing Ather Energy at INR 66,000 Cr
The investment is proposed to be valuing At…
August 28, 2026 1.7K 2
