EV manufacturer Ather Energy is reportedly considering reducing the size of its planned IPO by at least $50 million (approximately INR 430 crore) from its earlier target of $400 million (around INR 3,460 crore), due to continued volatility in both Indian and global stock markets. ⚡ As part of this move, the company’s shareholders are said to be weighing the option of offering fewer shares under the offer-for-sale portion of the IPO.
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