Ather Energy Ltd

Ather Energy's E2W Factory Update: Production Shifted to Oct 2026 🏭

• Capital expenditure for E2W factory in Maharashtra: ₹927.20 crore

• 21% of E2W factory project cost spent

• Purchase orders worth 67% of total project cost raised

• E2W factory production start shifted to October 2026

• Overall completion targeted for March 2027

• Total IPO proceeds: ₹2,626 crore

• ₹1,008.93 crore utilized as of March 31, 2026

• ₹1,617.07 crore remaining unutilized

• Delay due to unexpected environmental clearance requirement