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Informative

Ather Converts Preference Shares To Equity, Likely To Float IPO In Apr...

Update / Judgement Date

10 Mar 2025

Source

Inc42

Author

Team — WCP Legal Desk

Reading Time

1 min read

Start-Up & DPIITStock Market

Ather Energy is converting preference shares to equity, likely to float an IPO in April. This move aims to simplify the company's capital structure and prepare for the IPO. The conversion is a step towards the company's public offering. The IPO preparation involves financial restructuring.