CMP: ₹313.95 | NSE: ATHERENERG | Scrip Code: 544397 | Date: May 29, 2025
📍 At A Glance
Ather Energy ke Board ne May 29, 2025 ko ek board meeting mein kuch game-changing decisions liye:
- Ek nahi, do auditors hire kiye
- Ek full-power CDIO appoint kiya
- Aur sabse badi baat — ₹100 Cr authorised capital ka DNA hi change kar diya
Investor reaction? “Startup lagta tha, ab toh full-on khadi sarkari file wali vibes aa rahi hai bhai!”
🏢 About Ather Energy Ltd
Founded in 2013, backed by Hero MotoCorp, and known for its snazzy scooters like Ather 450X, the company has become a flagbearer of India’s electric mobility.
But let’s be honest…
Electric toh hai, lekin ab governance aur compliance mein bhi full voltage aa gaya hai.
⚖️ Boardroom Decisions Breakdown – May 29, 2025
Here’s what the Board of Directors approved between 11:50 AM to 6:30 PM IST (haan, itna lamba board meeting tha — lagta hai chai coffee unlimited thi):
1. 🕵️♀️ Secretarial Auditors Appointed – BMP & Co. LLP
Duration: FY26 to FY30 (5 years)
Who: BMP & Co. LLP – Peer Reviewed, Company Secretaries
Offices: Bengaluru, Mumbai, Delhi NCR
Specialties:
- SEBI Compliance
- IPO Advisory
- Secretarial Audits
- Foreign Investments, M&A, and Fundraising
Edu View:
Ye waise auditors hain jo “file se pehle fine detect kar lete hain”.
Paanch saal ka contract = board ko bharosa hai inki pen ki power pe.
2. 🧠 Internal Auditors Appointed – Protiviti India
Duration: FY26
Backstory:
Subsidiary of Robert Half International (NYSE listed, S&P 500 company)
Protiviti handles internal audits, SOX, ICFR, compliance, data audits —
