Date: August 25, 2026
Dividend Declaration or Non-Declaration
Hero MotoCorp Limited has withheld the final dividend for FY 2025-26 for certain shareholders due to compliance issues with SEBI regulations regarding electronic payment mandates.
- Record Date: Closure of business hours on July 24, 2026
- Dividend Type: Final dividend for FY 2025-26
- Payment Status: Withheld for affected shareholders
- Reason for Withholding: Three specific scenarios identified:
1. Incomplete or missing bank details in depository records
2. Electronic transaction rejection due to incorrect bank details
3. Non-submission of KYC details for physical share holdings
Resolution Process
Affected shareholders must:
- For dematerialized shares: Update valid bank account details (including IFSC and MICR) with their Depository Participant
- For physical shares: Submit complete KYC documentation including:
- Form ISR-1 with self-attested supporting documents
- Form ISR-2 for banker attestation of signature with original cancelled cheque or bank passbook/statement
- Form SH-13 for nomination updation or ISR-3 for opt-out of nomination
All communications should be directed to the company's Registrar and Share Transfer Agent, KFin Technologies Limited, at their Hyderabad address: Selenium Tower B, Plot 31-32, Financial District, Nanakramguda, Serilingampally, Rangareddy, Telangana, Hyderabad – 500032, or via email at einward.ris@kfintech.com.
The dividend will be released only in electronic mode after successful verification of updated details.
Additional Recommendations
The company recommends that shareholders holding physical shares consider converting to dematerialized form to eliminate risks associated with physical shares and for ease of holding.
KMP / Board / Auditor Changes
Not Specified
Board Meeting Outcomes
Not Specified
Financial Results
Not Specified
Disinvestment / Strategic Actions
Not Specified
Other Operational / Legal / Strategic Disclosures
Not Specified