
Investment5 Feb 2026, 09:56 pm
Hero MotoCorp to Invest Rs. 275 Crore in Euler Motors & Declares Interim Dividend @5,500%
AI Summary
Hero MotoCorp Ltd. has approved an additional investment of Rs. 275 crore in Euler Motors Private Limited, a private limited company involved in designing, manufacturing, selling and servicing electric three and four-wheeler vehicles. The company reported a turnover of Rs. 191 crore for the financial year ended March 31, 2025. This investment is intended to strengthen Hero MotoCorp's participation in the rapidly growing electric three and four-wheeler market. Furthermore, the company has declared an interim dividend of Rs. 110/- per equity share for the financial year 2025-26, with February 11, 2026 as the record date for determining entitlement of members for the purpose of payment of interim dividend.
Key Highlights
- Hero MotoCorp to invest Rs. 275 crore in Euler Motors
- Euler Motors is involved in designing, manufacturing, selling and servicing electric three and four-wheeler vehicles
- Euler Motors reported a turnover of Rs. 191 crore for the financial year ended March 31, 2025
- Investment aims to strengthen Hero MotoCorp's participation in the electric three and four-wheeler market
- Hero MotoCorp declares interim dividend of Rs. 110/- per equity share for the financial year 2025-26