Ather Energy Block Deal: NIIF likely to sell up to 1.92% stake for ₹534 crore

The offer size is estimated at ₹533.5 crore, with the deal price expected in the range of ₹705.7 to ₹727.55 per share. The floor price for the block sale is set at a discount of up to 3% to the current market price. Shares of Ather Energy Ltd ended at ₹725.10, down by ₹0.20, or 0.028%, on the BSE today, February 10.

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