Aether Industries Limited — QIP/Rights/Pref., 12-05-2025: Offer for sale

Aether Industries promoter Purnima Desai is selling 89.79 lakh shares (6.77% stake) via an OFS at a floor price of ₹700/share on NSE and BSE. The offer spans two days: Day 1 for non-retail investors, Day 2 for retail investors with a ₹2 lakh bid cap. Retail bidders have 10% reserved allocation. Brokers involved are DAM Capital Advisors, JM Financial, and UBS Securities. This sale will boost public float, potentially improving stock liquidity and broader shareholder base.