Hero MotoCorp, India to invest INR 5.5 billion into Ather Energy

On September 4, Hero MotoCorp announced that its Board of Directors approved an investment of up to INR 5.5 billion in the rights issue of Ather Energy Private Limited. The Indicative time period for completion of the transaction is September 30.
Ather, an existing Associate company of Hero MotoCorp Limited (HMCL), i....

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