Hero MotoCorp Faces ₹4.8 Cr Lien from ESIC, Appeals Filed

Hero MotoCorp Ltd. has received orders from the Employees' State Insurance Corporation (ESIC), Gurugram, Haryana, placing a lien of approximately ₹4.80 crore on some of its bank accounts. The order, dated September 3, 2026, was received by the company on September 7, 2026. ESIC alleges the company failed to settle outstanding arrears of approximately ₹3.19 crore. The total alleged liability, including interest and costs, amounts to ₹4.80 crore. The company states the amount has been paid and is taking steps to appeal the order, believing it is unsustainable and unlikely to have a material impact on its financials or operations.