Tiger Global Offloads Entire Stake In Ather Energy For INR 1,204 Cr

Tiger Global sold its entire 5.09% stake in the EV company for INR 1,204 Cr via bulk deals

The investor sold 1.01 Cr shares of Ather Energy at a price of INR 623.56 apiece on the NSE via a block deal yesterday. It offloaded the remaining 92.35 Lakh shares on the BSE

Tiger Global held 1.93 Cr equity shares of the company, via its Internet Fund III

Ather Energy’s early backer Tiger Global sold its entire 5.09% stake in the EV company for INR 1,204 Cr via bulk deals.

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