Mumbai, June 9 -- The instruments include equity shares, foreign currency convertible bonds (FCCBs), non-convertible debentures (NCDs), warrants, or other equity-linked securities.

The proposed capital raise may be executed through multiple routes, including a public issue, rights issue, qualified institutional placement (QIP), preferential allotment, private placement, or other permissible methods, subject to shareholder and regulatory approvals.

Ather Energy designs and manufactures high-performance electric scooters. The company's current E2W portfolio consists of two distinct product lines, viz., the Ather 450 series and the Ather Rizta, and together, these product lines offer a total of nine variants.

The company had reported a ne...