Date: November 07, 2026
KMP / Board / Auditor Changes
Not Specified
Dividend Declaration or Non-Declaration
Not Specified
Board Meeting Outcomes
Not Specified
Financial Results (Standalone & Consolidated)
Not Specified
Auditor’s Report
Not Specified
Disinvestment / Strategic Actions
Not Specified
Other Operational / Legal / Strategic Disclosures
ESOP Allotment Details
- The Nomination and Remuneration Committee of Hero Motors Limited approved the allotment of equity shares through Circular Resolution passed on November 07, 2026.
- Allotted 64,69,399 equity shares of face value of ₹10 each for cash at ₹69.14 per share.
- Allotment made to grantees who exercised options granted under the Hero Motors Employees Stock Option Plan, 2022 (ESOP-2022).
- The equity shares rank pari-passu with existing equity shares of the Company in all respects.
Capital Structure Impact
- Pre-Allotment Paid up Capital: 45,42,15,576 equity shares
- Allotment under ESOP Scheme: 64,69,399 equity shares
- Post Allotment Paid up Capital: 46,06,84,975 equity shares
- Total issued share capital after this issue: ₹4,60,68,49,750
Regulatory Compliance Details
- Compliance with SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 and SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
- Statement filed with BSE on 09.10.2026 (BSE Case No. DCS/ESOP/IP/RD/317/2026-27)
- Statement filed with NSE on 10.10.2026 (NSE Application No. NSE/LIST/57943)
- ISIN Number: INE012G01022
- Distinctive number range: 454215577 - 460684975
- Premium per share: ₹59.14
- No lock-in restrictions applicable to the shares
- No listing fees payable