The vendor within the block offers was Nationwide Funding and Infrastructure Fund-II, which offloaded 87 lakh shares in two tranches, in line with block deal information accessible on the NSE. The shares had been offered at Rs 622.35 apiece, bringing the overall deal measurement to Rs 542 crore.
As of September 30, 2025, NIIF held 4.67% stake within the firm, representing 1.78 crore shares.
Nationwide Funding and Infrastructure Fund or NIIF is India’s first sovereign wealth fund and is registered as a Class II Alternate Funding Fund with the SEBI and is managed by NIIF Restricted. It was established as a platform for home and worldwide traders to supply long-term capital for commercially viable infrastructure tasks.
Different patrons of Ather Power’s shares included Invesco Mutual Fund, which purchased 19.28 lakh shares price Rs 120 crore, and Motilal Oswal, which bought 24 lakh shares for Rs 150 crore. Invesco Mutual fund purchased 19.28 lakh shares which had been price Rs 120 crore whereas Motilal Oswal bought 24 lakh shares at a price of Rs 150 crore.
Param Capital purchased 16 lakh shares at a price of Rs 99 crore. Edelweiss Mutual Fund took 8 lakh shares spending Rs 50 crore.Listed on Might 6, 2025, Ather Power is a multibagger with 106% returns previously six months. The inventory is buying and selling above its 50-DMA of Rs 615.Ather Power’s September quarter standalone web losses witnessed a 22% year-on-year enchancment to Rs 154 crore in comparison with a web lack of Rs 197 crore in Q2FY25. The whole revenues noticed a 57% uptick to Rs 941 crore within the quarter below evaluate as towards Rs 599 crore reported within the corresponding quarter of the final monetary yr.
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