State-Backed NIIF To Offload 2.3% Stake In Ather For INR 551 Cr

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SUMMARY

NIIF plans to offload nearly 89 Lakh shares, or 2.34% shareholding, at INR 620 apiece, a discount of 1.4% compared to the stock’s last closing price of INR 629.05 on the BSE

As per NSE data, NIIF held a 4.67% stake, or 1.77 Cr shares, in the EV maker at the end of September 2025. The stake is currently valued at INR 1,118 Cr

This comes days after early backer Tiger Global sold its entire 5.09% stake in the EV company for INR 1,204 Cr via multiple bulk deals

Days…



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State-Backed NIIF To Offload 2.3% Stake In Ather For INR 551 Cr


SUMMARY

NIIF plans to offload nearly 89 Lakh shares, or 2.34% shareholding, at INR 620 apiece, a discount of 1.4% compared to the stock’s last closing price of INR 629.05 on the BSE

As per NSE data, NIIF held a 4.67% stake, or 1.77 Cr shares, in the EV maker at the end of September 2025. The stake is currently valued at INR 1,118 Cr

This comes days after early backer Tiger Global sold its entire 5.09% stake in the EV company for INR 1,204 Cr via multiple bulk deals

Days…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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