Electric two-wheeler maker a few days back reported a sharp improvement in its financial performance for the December quarter
| Photo Credit:
FRANCIS MASCARENHAS
National Investment and Infrastructure Fund (NIIF) on Wednesday exited from Ather Energy by offloading its entire 1.92 per cent stake in Ather Energy through block deals on the BSE and the National Stock Exchange.
It sold nearly 32.79 lakh shares of EV auto maker on the NSE and 40.54 lakh shares on the BSE at ₹710 each.
At the end of the December quarter, the National Investment and Infrastructure Fund II had held 1.92 per cent stake in the company.
NIIF is a sovereign-linked alternative asset manager anchored by the Government of India.
However, both the exchanges did not disclose the buyer details.
The stock on Wednesday closed at ₹715.95, down 1.53 per cent on the BSE.
Electric two-wheeler maker a few days back reported a sharp improvement in its financial performance for the December quarter. The company’s loss for Q3 FY26 fell 57 per cent year-on-year to ₹84.6 crore from ₹197.5 crore in the year-ago period, and narrowed sequentially from ₹154.1 crore in the September quarter, reflecting improving operating leverage on higher volumes, stronger pricing and rising software-led revenues.
Published on February 11, 2026
