ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/electric-two-wheeler” target=”_blank”>Electric two-wheeler maker ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/ather-energy” target=”_blank”>Ather Energy Ltd has taken a significant step toward its much-anticipated ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/initial-public-offering” target=”_blank”>initial public offering (IPO) by converting its outstanding ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/compulsory-convertible-preference-shares” target=”_blank”>compulsory convertible preference shares (CCPS) into equity. The move is part of the company’s preparation for its IPO, expected to be launched in April, according to merchant banking sources.
According to a Registrar of Companies (RoC) filing accessed by PTI, the company’s board passed a resolution on March 8, 2025, approving the conversion of over 1.73 crore outstanding CCPS into 24.04…
