Ather Energy grants Rs 70 Cr worth ESOPs to employees, senior leadership

Electric scooter maker Ather Energy has rolled out fresh employee stock options (ESOPs) covering 12.74 lakh equity shares under its 2025 plan, according to two separate filings with the stock exchanges.

The company’s Nomination and Remuneration Committee approved the grant of 9.79 lakh stock options to eligible employees under the Ather Energy ESOP 2025. While the Board of Directors cleared an additional 2.95 lakh stock options to key managerial personnel (KMPs) and senior management, aggregating to a total of 12.74 lakh shares. 

According to Ather’s current share price of Rs 555, the newly added ESOPs are worth Rs 70.6 crores.

Ather moved up to the third position in August 2W EV sales with a 17.12% market share, narrowing the gap with Ola Electric by registering 17,856 units in August, a 10% rise from last month. On a year-on-year basis, it recorded over 60% growth in registrations.

Ather’s revenue from operations increased by 79% to Rs 645 crore in Q1 FY26, from Rs 360 crore in Q1 FY25, the company’s net losses reduced by 3% to Rs 178 crore in Q1 FY26 from Rs 183 crore in the same period.

Ather Energy made its stock market debut on May 6, 2025, listing at Rs 328 per share on the NSE. However, the stock is currently trading at Rs 555 (as of 10:15 AM), bringing its total market capitalization to Rs 20,820 crore.