New Delhi : Investment firm Tiger Global Management on Thursday exited Ather Energy by selling its entire 5.09 per cent stake in the electric two-wheeler maker for Rs 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, as per the bulk deal data available on the BSE and National Stock Exchange (NSE). Read Also Ather Energy Reports Net Loss By 18.5%; Expenses Rise To ₹922 Crore

The shares were sold in the price range of Rs 620.45-623.56 apiece, taking the combined transaction value to Rs 1,204.39 crore.Details of the buyers of Ather Energy's shares could not be ascertained on the BSE and NSE.At the end of the September quarter

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