Electric scooter maker Ather Energy has approved the allocation of 12.74 lakh employee stock options (ESOPs) under its 2025 plan, according to stock exchange filings.
The company’s Nomination and Remuneration Committee cleared 9.79 lakh stock options for eligible employees, while the Board of Directors approved an additional 2.95 lakh options for key managerial personnel (KMPs) and senior leadership.
Based on Ather’s current share price of Rs 555, the ESOP grant is valued at approximately Rs 70.6 crore, highlighting the company’s commitment to aligning employee incentives with long-term growth.
The ESOP programme is part of Ather’s broader strategy to retain talent and motivate employees by giving them a stake in the company’s future performance. These options allow employees and senior managers to benefit from the company’s increasing valuation, fostering a sense of ownership and long-term engagement.
The 2025 ESOP grant comes as Ather continues to expand its presence in India’s electric two-wheeler market, reinforcing its approach to rewarding contribution and performance across teams.
