Hero FinCorp Limited, an Associate of Hero MotoCorp Ltd, Files Addendum to Draft Red Herring Prospectus for IPO

Hero FinCorp Limited, an associate of Hero MotoCorp Ltd, has filed an addendum to the Draft Red Herring Prospectus (DRHP) dated July 31, 2024, with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited. The addendum is in connection with the initial public offering (IPO) of its equity shares, comprising of a fresh issue and an offer for sale by certain existing and eligible shareholders. The IPO is subject to receipt of regulatory approvals, market conditions and other considerations. The DRHP was initially filed on July 31, 2024, and an addendum was necessary due to certain updates, including the adoption of the restated consolidated financial statements of the Company for Fiscal 2025 and six-months periods ended September 30, 2025 and September 30, 2024 by the Board of Directors of the Company on November 14, 2025.