Indian two-wheeler electric vehicle manufacturer, Ather Energy, shares jumped 4% during the intraday stock market session on Friday, 19 December 2025, after the company announced its plans to expand into the auto insurance business through a wholly-owned subsidiary, according to an exchange filing.
In the BSE filing, Ather Energy confirmed that the company plans to enter the auto insurance services business, where the firm will operate as a ‘corporate agent’ after incorporating a wholly owned subsidiary for operations.
“In an effort to make the ownership experience more seamless, the new entity will focus on offering auto insurance policies, in partnership with multiple insurers, for its customers across the country,” the company informed the stock exchanges through its filing on Friday.
(This is a developing story. Please check back for updates.)
