{"id":602149,"date":"2023-09-06T10:04:19","date_gmt":"2023-09-06T04:34:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=602149"},"modified":"2023-09-06T11:07:02","modified_gmt":"2023-09-06T05:37:02","slug":"hero-motocorp-board-approves-rs-550-crore-additional-investment-in-ather-energy","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hero-motocorp-board-approves-rs-550-crore-additional-investment-in-ather-energy\/","title":{"rendered":"Hero MotoCorp board approves Rs 550 crore additional investment in Ather Energy"},"content":{"rendered":"<p>Hero MotoCorp on Monday said it will invest an additional Rs 550 crore in Ather Energy.<\/p>\n<p>The company&#8217;s board, at its meeting held on September 4, 2023, has approved an investment of up to Rs 550 crore in the Rights issue of Ather Energy, Hero MotoCorp said in a regulatory filing.<\/p>\n<p>The investment is subject to the execution of definitive documents and completion of certain conditions customary to a transaction of this nature, it added.<\/p>\n<p>Prior to the proposed investment, Hero MotoCorp&#8217;s shareholding in Ather stood at 33.1 per cent, the country&#8217;s largest two-wheeler said. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hero MotoCorp on Monday said it will invest an additional Rs 550 crore in Ather Energy. The company&#8217;s board, at its meeting held on September 4, 2023, has approved an investment of up to Rs 550 crore in the Rights issue of Ather Energy, Hero MotoCorp said in a regulatory filing. The investment is subject to the execution of definitive documents and completion of certain conditions customary to a transaction of this nature, it added. Prior to the proposed investment, Hero MotoCorp&#8217;s shareholding in Ather stood at 33.1 per cent, the country&#8217;s largest two-wheeler said.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,234],"tags":[],"class_list":["post-602149","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/602149","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=602149"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/602149\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=602149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=602149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=602149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}