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NIIF II Plans ₹551 Crore Block Deal to Sell Partial Stake in Ather Energy
NIIF II is set to sell a ₹551 crore stake in Ather Energy through a block deal as part of broader portfolio realignment in the EV sector.
National Investment and Infrastructure Fund II is preparing to sell a ₹551 crore stake in Ather Energy through a block deal, indicating portfolio realignment amid shifting valuations in the electric mobility sector. Ather, a leading Indian EV manufacturer, has attracted sustained investor interest due to expansion plans and rising demand for premium electric scooters. The proposed sale is expected to attract participation from institutional buyers tracking the EV ecosystem. The transaction aligns with NIIF II’s strategy of periodic rebalancing as it evaluates long-term capital allocation across its holdings.