About us&nbsp;We are a pioneering EV company committed to driving the electric mobility space in India. We believe that a seamless transition to an electric world will be driven by building deeply integrated mobility ecosystems. We do that by leveraging our deep engineering capability, to build great products and experiences across the entire EV ecosystem.

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Pioneering the electric revolution in India.

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https://www.atherenergy.com/investor-relations/stock-exchange-disclosure

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You can reach out to us for more information.

Investor Relations

As part of our commitment to transparency, we have previously commissioned impact reports in partnership with Aspire Impact, under the proprietary 4P framework which assessed our Company’s impact across Product, Planet, People and Policy. We have consistently received a rating of Gold Leaf.

https://media.atherenergy.com/Impact-Report-2024.pdf

https://media.atherenergy.com/Ather-Impact-Report-2021.pdf

https://media.atherenergy.com/Ather-Impact-Report-2020.pdf

Impact Reports

Think As A Species™ is our culture collective that serves as a building block for our thoughts, actions, and working ways. Under the umbrella of TAAS™, we have five values whose wisdom we turn to in defining who we are, the way we work and the way we aspire to conduct our business:&nbsp;1) Know your true north.&nbsp;2) Move fast and don’t break things.&nbsp;3) Always be closing.&nbsp;4) None of us is as smart as all of us.&nbsp;5) Be nice.

Our employee benefits include 1-6 months of sabbatical leave once every two years, child adoption/surrogacy leave, miscarriage leave, and volunteering leave. Our medical insurance policy coverage extends to domestic (live-in) partners as well.

Our Learning Assistance Policy encourages employees to pursue deeper knowledge in their domain for enhanced contribution to current and future roles. We offer compliance, technical, leadership and behavioural training programs to aid in the holistic development of our employees.

<ul style="list-style-type:disc;"><li>We have fostered a healthy, safe and inclusive work environment for our employees as demonstrated by the annualised retention rate of 82%.&nbsp; &nbsp;</li><li>We were recognised with the Marksmen Daily’s award as the Most Preferred Workplace (Manufacturing Edition) in 2024.&nbsp; &nbsp;</li><li>Our diversity, equity and inclusion efforts are carried out under the umbrella of Mosaic. We have conducted interventions such as an awareness session on PCOS, and an art workshop by a differently-abled artist.&nbsp; &nbsp;</li><li>We are an equal opportunities provider, and we aim to promote and safeguard the equality, fairness, dignity and social inclusion of persons with disabilities, HIV &amp; AIDS and people identifying themselves as a part of the LGBTQIA+ community at Ather.&nbsp; &nbsp;</li><li>In 2023, we were awarded the Top 25 Safest Workplaces in India by kelpHR PoSH Awards. We have zero-tolerance for sexual harassment.</li></ul>

Guided by our CSR policy, we have engaged in various social activities such as supporting children from migrant families at a polio vaccination drive, donating immediate food needs to families in the cyclone Michaung flood response and raising awareness on the effect of single-use plastics and distribution of reusable cloth bags to children.&nbsp;&nbsp;We strive to engage with our community to educate them about the EV space and its possibilities.&nbsp;&nbsp;<ul style="list-style-type:disc;"><li>Our initiatives towards this include open houses, Ather Community Day, Wheee camps, and PluggedIn. &nbsp;</li><li>Through the Ather Vantage community, we collaborate with university students and other communities on tech competitions and open knowledge-sharing sessions on aspects of building an electric ecosystem.</li></ul>

Our live location sharing feature addresses concerns for personal safety, particularly for women, whilst technologies such as traction control, Emergency Stop Light and Fall Safe™ ensure that our customers avoid unnecessary accidents. Our Halo™ and Halo Bit™ smart helmets, coupled with onboard navigation on our scooters, discourage the use of phones while riding.

Investing in Talent and Community

We are exploring battery chemistries and motor technologies that do not contain any rare-earth magnets which will aid our supply chain to be more resilient and less carbon intense, while also avoiding the negative externalities associated with mining rare-earth minerals.

Ather owners have collectively saved approximately ₹6.0 billion in petrol costs, and avoided more than 71 million tonnes of CO2 from January 2023 to June 2024.&nbsp;Our sustainable manufacturing initiatives include paper-based packaging, renewable energy, air pollution control and zero-sewage discharge.&nbsp;&nbsp;<ul style="list-style-type:disc;"><li>We have adopted green packaging and reusable packaging such as water-based paper tapes, paper pouches, paper bubble, shredded carton waste used as cushion/fillers, velcro straps, biodegradable packaging sheets, and recycled paper. &nbsp;</li><li>13% of our current manufacturing capacity energy needs were powered by solar panels installed on-site in our Hosur Factory. &nbsp;</li><li>The implementation of ISO 14001 environmental management system has led to optimisation of energy consumption through various energy-saving projects.</li></ul>

Mitigating the Impact on Environment

Our Company adopts a robust approach to corporate governance in order to create long-term stakeholder value for our promoters, shareholders, employees and community.&nbsp;&nbsp;<ul style="list-style-type:disc;"><li>Our board consists of 9 directors, including 3 independent directors.&nbsp; &nbsp;</li><li>Single-company structure - led by Tarun Mehta and Swapnil Jain, and a tenured senior leadership team - ensures transparency and a simple governance structure. &nbsp;</li><li>Our board consists of audit, risk, nomination, corporate social responsibility, initial public offering, and remuneration and stakeholder relations committees.</li></ul>

We practice a zero-tolerance approach to bribery, corruption and fraud.&nbsp;&nbsp;<ul style="list-style-type:disc;"><li>The Anti-bribery and Anti-corruption, Anti-Fraud and Fraud Reporting, and Whistleblower policies &nbsp;provide frameworks for ensuring compliance with legislations governing bribery, corruption, and fraud, and enables all stakeholders to report misconducts on a strictly confidential basis.&nbsp; &nbsp;</li><li>Our Code of Ethics, which aligns with our values system, Think As A Species™, covers a range of matters including the handling of conflicts of interest, regulatory compliance issues and providing equal opportunities.</li></ul>

Strong Governance Practices

Contact Details

https://media.atherenergy.com/Ather-Financials-FY-24-25.pdf

https://media.atherenergy.com/Ather-Financials-FY-23-24.pdf

https://media.atherenergy.com/Ather-Financials-FY-22-23.pdf

https://media.atherenergy.com/Ather-Financials-FY-21-22.pdf

https://media.atherenergy.com/Ather-Financials-FY-20-21.pdf

Company Financials

https://media.atherenergy.com/Annual-Report-FY-23-24.pdf

https://media.atherenergy.com/Annual-Report-FY-2022-2023.pdf

https://media.atherenergy.com/Annual-Report-FY-2021-2022.pdf

https://media.atherenergy.com/Annual-Report-FY-2020-2021.pdf

Annual Reports

https://www.herofincorp.com/investor-relations/disclosures-under-regulation-62-of-the-sebi-lodr/financial-performance

Group Company Financials

https://media.atherenergy.com/Investor-Presentation-May-12-2025.pdf

Investor Presentation

https://media.atherenergy.com/Financial-Results-Dec-2025.pdf

Press release on results

https://media.atherenergy.com/Earnings-Call-FY-2024-25.mp3

Audio recording of earnings call

https://media.atherenergy.com/Ather-Energy-Earnings-Call-Transcript-May-12-2025.pdf

Earnings Call Transcript

Financials

Neelam Dhawan is the Chairperson and an Independent Director of our Company. She holds a bachelors degree in arts (economics) from the University of Delhi and a master’s degree in business administration from the University of Delhi. She was previously associated with Hewlett-Packard Enterprise India Private Limited as vice president, solutions sales and with HP India Sales Private Limited, Hewlett-Packard India Private Limited, Microsoft Corporation (India) Private Limited as managing director. Currently she serves as an Independent Director on the Boards of ICICI Bank Limited, Hindustan Unilever Limited, Tech Mahindra Limited, Fractal Analytics Limited and Capillary Technologies India Limited and as Director on the Boards of Nudge Lifeskills Foundation and Capita PLC. She has over 18 years of experience in information technology.

Tarun Sanjay Mehta is one of the Promoters, is an Executive Director and the Chief Executive Officer of our Company. He has been associated with our Company since incorporation and leads operations in the product, business as well as growth front. He holds a bachelor’s and masters’ degree in technology in Engineering Design from Indian Institute of Technology, Madras under the dual degree programme. He has over 10 years of experience in the electric vehicles sector. He attended the CEO Forum (Quai d'Orsay) in Paris, France in 2023. He has received the ‘Jagdish Khattar Rising Star’ award from Acko Drive, the ‘Young Entrepreneur’ award from the All India Management Association, the ‘Keep Walking’ award from India chapter of International Advertising Association and Walkers &amp; Co, and was named in the list of ‘India 30 under 30’ by Forbes India in 2018 and in Fortune ‘40 under 40’ in 2019, 2021 and 2023.

Swapnil Babanlal Jain is one of the Promoters, is an Executive Director and the Chief Technical Officer of our Company. He has been associated with our Company since incorporation and works on both the long-term technology roadmap for our Company, as well as day-to-day aspects of creating an engineering team and culture. He holds a bachelor’s and masters’ degree in technology in Engineering Design from Indian Institute of Technology, Madras under the dual degree programme. He has over 10 years of experience in the electric vehicles sector. He has received ‘Young Entrepreneur’ award from the All India Management Association and was named in the list of ‘India 30 under 30’ by Forbes India in 2018 and in Fortune ‘40 under 40’ in 2019, 2021 and 2023.

Ram Kuppuswamy is a Non-executive Director of our Company and a nominee of HMCL on our Board. He has been associated with our Company since January 27, 2023. He holds a bachelor’s degree in engineering from Madurai Kamaraj University and a post-graduate diploma in management from the Indian Institute of Management, Ahmedabad. He was previously associated with Bharti Airtel Limited and VMWare Singapore Pte. Ltd. He is currently designated as the chief operations officer -manufacturing of HMCL. He has over nine years of experience in supply chain management, logistics and customer fulfilment.

Pankaj Sood is a Nominee Director of our Company, nominee of Caladium Investment Pte Ltd on our Board. He has been associated with our Company since November 11, 2022. He holds a bachelor’s degree in chemical engineering from Indian Institute of Technology, Kharagpur and a post-graduate diploma in computer aided management from Indian Institute of Management, Kolkata. He was previously associated with Kotak Mahindra Capital Company Limited, Ernst &amp; Young and SBI Capital Markets. He is currently employed by GIC in the Global Leadership Group. He has over 25 years of experience in finance, advisory and capital markets. Currently he is a Nominee Director on the Boards of Aditya Birla Fashion and Retail Limited, Bandhan Financial Holdings Limited and Bandhan Financial Services Limited and Director on the Boards of Spore Investment Management (India) Private Limited and Mphasis Limited and Whole-time Director on the Board of Singapore Investcorp (India) Private Limited.&nbsp;

Kaushik Dutta is an Independent Director of our Company. He is a fellow member of the Institute of Chartered Accountants of India and a co-founder of Thought Arbitrage Research Institute, an independent not-for-profit research think tank working in areas of corporate governance and sustainability. He was also associated with Price Waterhouse &amp; Co Chartered Accountants, LLP, and Lovelock &amp; Lewes, Chartered Accountants as Partner for over 16 years. He was engaged as an expert on corporate governance by the Indian Institute of Corporate Affairs of the Ministry of Corporate Affairs in matters relating to future of corporate governance in India, was engaged as a consultant by the Serious Fraud Investigation Office, MCA and was a member of the Task Force to lay down the Criteria for Selection of the Strategic Partners for Various Platforms from the Private Sector Industry. He has over 25 years of experience in governance, policy and audit. Currently he serves as an Independent Director on the Boards of PB Fintech Limited, Eternal Limited, Zinka Logistics Solutions Limited, Hero FinCorp Limited and Shiprocket Limited and as Director on the Boards of Zomato Hyperpure Private Limited, Paisabazaar Marketing And Consulting Private Limited, Resilient Innovations Private Limited and Thought Arbitrage Research Institute.

Sanjay Nayak is an Independent Director of our Company. He has been associated with our Company since August 27, 2024. He holds a bachelor’s degree in science (engineering) from Birla Institute of Technology, Ranchi University and a master’s degree in science from North Carolina State University, Raleigh. He was previously associated with Tejas Networks Limited as its managing director and chief executive officer. He has over 23 years of industry experience and has expertise in electronics and telecommunications. Currently he serves as an Independent Director on the Board of Epic Electronics Products Foundation and as Director on the Board of Shramol Technologies Private Limited.

Board of Directors

&nbsp;<ol style="list-style-type:decimal;"><li>Mr. Kaushik Dutta, Independent Director - Chairperson &nbsp;</li><li>Ms. Neelam Dhawan, Independent Director - Member &nbsp;</li><li>Mr. Ram Kuppuswamy, Non-executive Director - Member</li></ol>

&nbsp;<ol style="list-style-type:decimal;"><li>Mr. Sanjay Nayak, Independent Director - Chairperson &nbsp;</li><li>Ms. Neelam Dhawan, Independent Director - Member &nbsp;</li><li>Mr. Pankaj Sood, Nominee Director - Member</li></ol>

&nbsp;<ol style="list-style-type:decimal;"><li>Ms. Neelam Dhawan, Independent Director - Chairperson &nbsp;</li><li>Mr. Sanjay Nayak, Independent Director - Member &nbsp;</li><li>Mr. Tarun Sanjay Mehta, Executive Director - Member</li></ol>

&nbsp;<ol style="list-style-type:decimal;"><li>Mr. Kaushik Dutta, Independent Director - Chairperson &nbsp;</li><li>Mr. Swapnil Babanlal Jain, Executive Director - Member &nbsp;</li><li>Mr. Ram Kuppuswamy, Non-executive Director - Member</li></ol>

Board Committees

https://media.atherenergy.com/Ather-Energy-ESOP-Plan-2024.pdf

https://media.atherenergy.com/Code-of-conduct-for-Directors-and-Senior-Management.pdf

https://media.atherenergy.com/Code-of-conduct-for-regulating-monitoring-and-reporting-of-trading-by-insider.pdf

https://media.atherenergy.com/Code-of-Practices-and-Procedures-for-Fair-Disclosures-of-UPSI.pdf

https://media.atherenergy.com/CSR-Policy.pdf

https://media.atherenergy.com/Dividend-Distribution-Policy.pdf

https://media.atherenergy.com/Materiality-Policy.pdf

https://media.atherenergy.com/Memorandum-of-Association-and-Articles-of-Association.pdf

https://media.atherenergy.com/NRC-Policy.pdf

https://media.atherenergy.com/Policy-for-determining-Material-Subsidiaries.pdf

https://media.atherenergy.com/Policy-For-Inquiry--in-Case-of-Leak-of-UPSI.pdf

https://media.atherenergy.com/Archival-Document-Retention-Policy.pdf

https://media.atherenergy.com/RPT-policy-2025.pdf

https://media.atherenergy.com/Policy-on-determination-of-materiality-of-events-or-Information.pdf

https://media.atherenergy.com/Policy-on-evaluation-on-Board.pdf

https://media.atherenergy.com/Risk-Management-Policy.pdf

https://media.atherenergy.com/TnC-of-appointment-of-independent-directors.pdf

https://media.atherenergy.com/Whistle-Blower-Policy.pdf

Policies & Documents

https://media.atherenergy.com/Ather-Energy-annual-report-FY-23-24.pdf

https://media.atherenergy.com/Annual-return-FY22-23.pdf

https://media.atherenergy.com/Annual-return-FY21-22.pdf

https://media.atherenergy.com/Annual-return-FY20-21.pdf

Annual Returns

https://media.atherenergy.com/11th-AGM-Transcript.pdf

https://media.atherenergy.com/11th-AGM-Notice.pdf

https://media.atherenergy.com/10th-AGM-Notice.pdf

https://media.atherenergy.com/9th-AGM-Notice.pdf

General Meeting

https://media.atherenergy.com/Secretarial-Compliance-Report-FY-2024-25.pdf

Secretarial Compliance Report

Governance

https://media.atherenergy.com/Closure-of-Trading-Window-May-06-2025.pdf

https://media.atherenergy.com/Intimation-under-Regulation-30(5)-of-the-SEBI-LODR.pdf

https://media.atherenergy.com/Code-of-conduct-for-fair-disclosure-of-UPSI.pdf

https://media.atherenergy.com/Appointment-of-Company-Secretary-and-Compliance-Officer.pdf

https://media.atherenergy.com/Appointment-of-Registrar-and-Transfer-Agent.pdf

https://media.atherenergy.com/Resignation-of-Non-executive-Director.pdf

https://media.atherenergy.com/Code-of-Conduct-May-12-2025.pdf

https://media.atherenergy.com/Earnings-Call-Recording-May-12-2025.pdf

https://media.atherenergy.com/Press-release-May-21-2025.pdf

https://media.atherenergy.com/Nominee-Director-Resignation-May-27-2025.pdf

https://media.atherenergy.com/Press-Release-May-28-2025.pdf

https://media.atherenergy.com/Outcome-of-Board-Meeting-May-29-2025.pdf

https://media.atherenergy.com/Appointment-of-Secretarial-Auditor-May-29-2025.pdf

https://media.atherenergy.com/Appointment-of-Internal-Auditor-May-29-2025.pdf

https://media.atherenergy.com/Appointment-of-SMP-May-29-2025.pdf

https://media.atherenergy.com/Amendment-to-MOA-May-29-2025.pdf

https://media.atherenergy.com/Press-Release-June-02-2025.pdf

https://media.atherenergy.com/Ather-Energy-Press-Release-Jun-03-2025.pdf

https://media.atherenergy.com/Change-of-CIN-Jun-10-2025.pdf

https://media.atherenergy.com/SMP-Resignation-June-11-2025.pdf

https://media.atherenergy.com/Ather-Energy-Orders-June-14-2025.pdf

Stock Exchange Disclosure

https://media.atherenergy.com/Shareholding-Pattern-Regulation-31(1)(a).pdf

Shareholding Pattern

https://media.atherenergy.com/Notice-of-Board-Meeting.pdf

Notice of Board Meeting

https://media.atherenergy.com/Disclosure-under-Regulation-46.pdf

Disclosure under Regulation 46

https://media.atherenergy.com/Ather-Energy-Earnings-Call-Invite-May-12-2025.pdf

Investor Meeting

https://media.atherenergy.com/Board-Meeting-Outcome-May-12-2025.pdf

https://media.atherenergy.com/Board-Meeting-Outcome-May-29-2025.pdf

Outcome of Board Meeting

https://media.atherenergy.com/Newspaper-AD-Financial-Results-March-31-2025.pdf

Newspaper Advertisement

https://media.atherenergy.com/Consolidated-DRHP.pdf

Draft Red Herring Prospectus (DRHP)

https://media.atherenergy.com/Industry-Report.pdf

https://media.atherenergy.com/List-of-material-creditors.pdf

Reports

https://media.atherenergy.com/Red-Herring-Prospectus-Apr-22-2025.pdf

Red Herring Prospectus (RHP)

https://media.atherenergy.com/Ather-Energy-Prospectus.pdf

Prospectus

https://media.atherenergy.com/Price-Band-Advertisement.pdf

Price Band Advertisement

https://media.atherenergy.com/Issue-opening-Advertisement-and-Corrigendum-to-RHP.pdf