Ather Energy forays into insurance with Ather Insurance Limited
Ather Energy has subscribed to 100 per cent of the initial paid-up share capital of the subsidiary through cash consideration
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Published: May 29, 2026 7:56 AM | 1 min read
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Ather Energy Limited has set up a wholly owned subsidiary, Ather Insurance Limited, for its insurance business. In a regulatory filing, the company confirmed that the subsidiary was incorporated in India on 27 May 2026. The move follows an earlier board approval disclosed in December 2025.
According to the filing, Ather Insurance Limited has been set up to offer and facilitate insurance policies as a corporate agent. The company said it will obtain the required approvals from the Insurance Regulatory and Development Authority of India (IRDAI) before starting operations.
Ather Energy has subscribed to 100 per cent of the initial paid-up share capital of the subsidiary through cash consideration.
The shares were subscribed at a face value of INR 10 each, giving Ather Energy full ownership and control over the newly incorporated entity.
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