Tiger Global Management on Thursday exited Ather Energy by selling its entire 5.09 per cent stake in the electric two-wheeler maker for ₹1,204 crore through open market transactions. US -based Tiger Global Management, through its affiliate Internet Fund III Pte, offloaded a little over 1.93 crore equity shares, or 5.09 per cent stake, in Ather Energy, according to the bulk deal data available on the BSE and National Stock Exchange (NSE). The shares were sold in the price range of ₹620.45-623.56. Details of the buyers of Ather Energy’s shares could not be ascertained on the BSE and NSE.

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