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NIIF trims Ather Energy stake as EV sector attracts strong secondary market interest
NIIF sold a 2.28 percent stake in Ather Energy for ₹541 crore, reflecting continued investor interest in India’s expanding electric mobility sector.
The National Investment and Infrastructure Fund completed the sale of a 2.28 percent stake in Ather Energy for ₹541 crore, reflecting ongoing investor activity surrounding India’s electric mobility sector. Market participants noted that the transaction highlighted confidence in the company’s long-term growth trajectory as demand for electric two-wheelers expands.
The sale was executed through a block transaction window, with institutional buyers accounting for a majority of the volume. Analysts said the deal aligns with broader capital rotation trends as investors reassess exposure across high-growth mobility platforms.