Hero MotoCorp Limited held its 43rd Annual General Meeting (AGM) on Wednesday, August 6, 2026 at 11:30 A.M. (IST) through Video Conferencing/Other Audio Visual Means.

The total paid-up share capital of the Company as of the record date (July 29, 2026) was ₹40,01,85,876 divided into 20,00,92,938 equity shares of face value ₹2 each.

Voting Results Summary

Resolution 1: Ordinary Resolution - Adoption of Financial Statements

  • Total valid votes: 17,08,64,482 shares (85.3926% of outstanding shares)
  • Votes in favor: 17,08,26,011 shares (99.9775%)
  • Votes against: 38,471 shares (0.0225%)
  • Result: Approved

Resolution 2: Ordinary Resolution - Dividend Declaration

  • Interim dividend: ₹110 per equity share for FY 2025-26 (already paid)
  • Final dividend: ₹75 per equity share for FY 2025-26
  • Total valid votes: 17,13,48,912 shares (85.6347% of outstanding shares)
  • Votes in favor: 17,13,48,657 shares (99.9999%)
  • Votes against: 255 shares (0.0001%)
  • Result: Approved

Resolution 3: Ordinary Resolution - Re-appointment of Mr. Suman Kant Munjal

  • Director DIN: 00002803
  • Total valid votes: 17,13,44,015 shares (85.6322% of outstanding shares)
  • Votes in favor: 16,69,80,816 shares (97.4535%)
  • Votes against: 43,63,199 shares (2.5465%)
  • Result: Approved

Resolution 4: Ordinary Resolution - Ratification of Cost Auditors' Remuneration

  • For financial year 2026-27
  • Total valid votes: 17,13,44,013 shares (85.6322% of outstanding shares)
  • Votes in favor: 17,13,39,298 shares (99.9972%)
  • Votes against: 4,715 shares (0.0028%)
  • Result: Approved

Resolution 5: Special Resolution - Re-appointment of Dr. Pawan Munjal

  • Whole-time Director, DIN: 00004223
  • Total valid votes: 17,13,44,820 shares (85.6326% of outstanding shares)
  • Votes in favor: 16,58,90,102 shares (96.8165%)
  • Votes against: 54,54,718 shares (3.1835%)
  • Result: Approved

Resolution 6: Ordinary Resolution - Approval of Dr. Pawan Munjal's Remuneration

  • Terms and conditions as Whole-time Director
  • Total valid votes: 17,13,36,342 shares (85.6322% of outstanding shares)
  • Votes in favor: 13,64,13,898 shares (79.6176%)
  • Votes against: 3,49,22,444 shares (20.3824%)
  • Result: Approved

Scrutinizer Details

Devesh Kumar Vasisht, Managing Partner of DPV & Associates LLP (Firm Reg. No.: L2021HR009500) was appointed as Scrutinizer. The e-voting process was conducted through NSDL's platform. Remote e-voting period was from July 31, 2026 (9:00 AM) to August 4, 2026 (5:00 PM).

Shareholder Participation

Total shareholders on record date: Not specified in numerical terms, but shareholding pattern shows:

  • Promoters and Promoter Group: 6,94,88,181 shares (34.73%)
  • Public Institutions: 11,16,09,735 shares (55.78%)
  • Public Non-Institutions: 1,89,95,022 shares (9.49%)