Edition:
India

Hero MotoCorp Says Co's Shareholding In Ather Increased To 35.1% From 32.31%


Tuesday, 28 May 2019 

May 28 (Reuters) - Hero MotoCorp Ltd ::NEXT FUNDING ROUND OF ATHER HAS NOW BEEN COMPLETED.CCDS ISSUED TO COMPANY HAVE BEEN CONVERTED INTO COMPULSORILY CONVERTIBLE PREFERENCE SHARES.SHAREHOLDING IN ATHER INCREASED TO 35.10% (31.27% ON A FULLY DILUTED BASIS) FROM 32.31% (29.94% ON A FULLY DILUTED BASIS).