Board Meeting13 Oct 2026, 09:20 pm
Hero Motors Acquires Hewland Engineering, Approves Q2 FY27 Results
AI Summary
Hero Motors Ltd announced on October 13, 2026, that its Board of Directors has approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. Concurrently, the board also approved the acquisition of 8039 Equity Shares of Hewland Engineering Limited, a UK subsidiary, for a total consideration of £0.60 million. The company has also signed a Shareholders Agreement related to this acquisition. The financial results were reviewed by Deloitte Haskins & Sells LLP.
Key Highlights
- Board approved unaudited financial results for Q2 FY27.
- Acquisition of UK subsidiary Hewland Engineering approved.
- Acquisition consideration is £0.60 million.
- Shareholders Agreement signed for the acquisition.
Price Impact
More from HEROMOTORS