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Hero MotoCorp invest INR 4.2 billion in Ather Energy

On January 14, Hero MotoCorp announced a new investment of up to INR 4.2 billion in Ather Energy. The company’s board has approved the investment in one or more tranches. Before the proposed investment, Hero MotoCorp’s shareholding in Ather Energy was 34.8% (on a fully diluted basis). Post the investment, the shareho....

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