Hero MotoCorp Invests Rs 1,758 Cr in Ather Energy, Boosts Stake
By ThePip Desk
Hero MotoCorp approves Rs 1,758 crore investment to increase its Ather Energy stake to ~32.8% by Sept 3, 2026, signaling commitment to EV growth.
Hero MotoCorp’s Committee of Directors officially approved the purchase of additional equity shares in Ather Energy on August 27, 2026. This strategic move, valued at up to Rs 1,758 crore, aims to increase the motorcycle giant’s stake in its associate company.
The acquisition is expected to conclude swiftly, with a target completion date set for September 3, 2026. This decision reflects Hero MotoCorp’s ongoing investment in the electric vehicle sector.
Ather Energy Stake Details
- Hero MotoCorp’s current stake in Ather: 29.88% (as of August 25, 2026)
- Projected stake post-acquisition: around 32.8% (on a fully diluted basis)
- Total investment for additional shares: up to Rs 1,758 crore
- Approval date by Committee of Directors: August 27, 2026
- Anticipated transaction completion: September 3, 2026
As the world’s largest manufacturer of motorcycles and scooters, Hero MotoCorp is actively expanding its presence within the burgeoning electric mobility market. The increased shareholding underscores its commitment to Ather Energy’s growth and development.
This latest investment will push Hero MotoCorp’s ownership in Ather Energy past 32% on a fully diluted basis. The company had held a 29.88% stake just two days prior to the board’s approval.