Hero MotoCorp Limited has completed the acquisition of additional equity shares in electric two-wheeler manufacturer Ather Energy Limited, increasing its overall holding in the company to approximately 32.8% on a fully diluted basis.
The transaction involved the purchase of 1,18,80,000 equity shares in Ather Energy for a total consideration of approximately Rs. 1,758 crore. The acquisition strengthens Hero MotoCorp’s position in the growing electric two-wheeler segment and reflects its continued focus on expanding its presence in the electric mobility market.
Hero MotoCorp formally informed the National Stock Exchange of India Limited and BSE Limited about the completion of the transaction on August 28, 2026. The announcement follows an earlier disclosure dated August 27, 2026, in which the company had informed the stock exchanges about the decision of the Committee of Directors of its Board to acquire the additional shares in Ather Energy.
The transaction was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The regulatory filing was signed by Prabhat Singh, Company Secretary and Compliance Officer of Hero MotoCorp Limited.
The latest investment further consolidates the strategic relationship between Hero MotoCorp and Ather Energy. Ather has established a growing presence in India’s electric scooter market, while Hero MotoCorp has been increasing its focus on electric mobility as the country’s adoption of electric two-wheelers continues to expand.
With its stake now at around 32.8%, Hero MotoCorp remains a significant shareholder in Ather Energy. The additional investment provides the company with greater exposure to Ather’s electric vehicle business and its future growth prospects.
The acquisition comes as India’s electric two-wheeler industry continues to develop, supported by increasing consumer interest, expanding charging infrastructure and growing competition among established and new manufacturers. Hero MotoCorp’s latest investment indicates that the company intends to strengthen its participation in this evolving market through strategic investments and partnerships.
