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Ather Energy cuts IPO fresh issue size to Rs 2,626 crore

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Electric vehicle manufacturer Ather Energy is looking to raise Rs 2,626 crore from the fresh issue portion of its initial public offering, according to the red herring prospectus for the offer submitted with markets regulator Sebi on Tuesday.

The electric scooter maker has reduced its fresh issue size from Rs 3,100 crore.

(This is a developing story. )

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