Ather Energy Ltd

Key Update

• IRDAI grants Certificate of Registration to Ather Insurance Limited, a WOS of Ather Energy, as Corporate Agent.
• Registration dated October 15, 2026; valid until suspended or cancelled.

Ather Energy Ltd: Trading Window to remain closed from October 01, 2026 and to reopen 48 hours after the announcement of the unaudited financial results for the quarter and half year ended September 30, 2026

WOS in Hong Kong

• Ather Energy Hong Kong Limited, automotive sector, HK-based WOS of Ather Energy.
• Subscribed 1,650,000 shares at HKD 1; total capital HKD 1.65 million; 100% ownership.
• Formation of a wholly owned subsidiary; not a related party acquisition.
• Industry: Automotive.
• Purpose: Support critical procurement and enhance APAC supply chain resilience.
• Approvals: None required.
• Timeline: Incorporated on September 21, 2026.
• Consideration: Cash; shares subscribed at HKD 1 per share.
• Background: Automotive industry; formed Sept 21, 2026 in Hong Kong.

ESOP grant details

• NRC approved grant of 1,094 ESOPs under Ather Energy ESOP 2025 on Sep 18, 2026.
• Total shares covered: 1,094 equity shares of INR 1 each.
• Exercise price: INR 1 per ESOP.
• Exercise window: five years from vesting date.
• Plan administered by the Nomination and Remuneration Committee.
• Governing terms: shareholder-approved ESOP Plan.
• Vesting/exercise status not disclosed in filing.

Meeting Details

• Date: September 29, 2026; Event: Arihant Capital Bharat Connect Conference; Mode: Virtual

Participants

• Key company participants: not disclosed

Purpose

• Purpose: participation in investor/analyst meeting

ESOP Allotment

• Board approved ESOP allotment of 4,84,551 equity shares on Sept 01, 2026.
• Allotted to eligible ESOP holders who exercised their stock options.
• Shares rank pari-passu with existing equity shares.
• Paid-up capital increased from INR 39,61,19,200 to INR 39,66,03,751.
• Annexure A provides SEBI-LODR details.

Meeting Details

• Dates: September 7 and 9, 2026; times not disclosed.
• Type/Mode: Group meetings; Physical in Bengaluru.
• Organiser: Company-hosted Investors/Analyst Meet.

Participants

• Key participants: company management names not disclosed.

Purpose

• Purpose: investor/analyst interaction based on publicly available information.

Additional Notes

• Intimation copy to be available on the company's Investor Relations webpage.

Product and technology updates

• Konarc is Ather's new EL-platform scooter with up to 200 km IDC range.
• Konarc launched in six variants across S and Z lines.
• Bedrock fifth-generation battery: 10-year/100,000 km warranty with 70% SoH.
• Konarc service interval: 10,000 km; roughly yearly for many riders.
• Key features include AeBS, MagicKey, AutoPop and AirWalk.
• Onboard charging and CCS charging can halve home charging time.
• Fifth-gen Bedrock battery delivers BreachSense real-time leak detection.
• Five-times higher cell-balancing; SoH reaches 70% later at ~1L–1.2L kms.
• AtherNode enables up to 1,000 chargers per residential complex with load management.
• AtherTrue Health provides health score and resale value estimates for eligible scooters.

Konarc launch details

• Konarc launched; new EV scooter to broaden mainstream adoption, announced at Ather Community Day 2026.
• Six variants across S and Z lines; S: 100/125/161/200 km, Z: 125/161 km.
• Konarc S 100km priced at ₹99,999 ex-showroom Bengaluru; deliveries begin mid-September in phased rollout.
• Pricing for other variants: S 125km ₹1,21,999; S 161km ₹1,44,999 ex-showroom Bengaluru.
• 10-year/100,000 km Bedrock battery warranty; 70% SOC minimum; covers battery failures even when not in use.
• Service interval doubled to 10,000 km with fewer checkpoints.
• Key features include AeBS braking, MagicKey, AutoPop, AirWalk.
• Onboard 450W charger; optional 450W offboard; 900W combined charging capability.
• Availability begins mid-September; phased rollout across select states and variants before broader launch.
• Built on EL platform; production at AURIC to scale to more riders and markets.

Meeting Details

• Date: August 29, 2026; time not disclosed.
• Type: group meeting; mode: not disclosed.
• Event: Ather Community Day; organiser: Ather Energy Limited.
• Key company participants: Company Secretary and Compliance Officer.
• Purpose: Analyst/Investor interaction during Community Day.
• Disclosures: Discussions will be based on publicly available information.