HERO MOTOCORP LTD.

Hero MotoCorp Ltd has announced that its Board of Directors will convene on October 28, 2026. The primary agenda for this meeting is to consider and approve the unaudited standalone and consolidated financial results for the second quarter and half year ended September 30, 2026. This announcement is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Hero MotoCorp reported a 12% year-on-year growth in total dispatches for September 2026, reaching 7,66,348 units compared to 6,87,220 units in the same period last year. This growth is attributed to strong consumer demand and positive momentum leading into the festive season. The domestic ICE business saw a significant rise, with scooters leading the charge with a 60% YoY dispatch growth. The company also launched a festive campaign and announced a CSR partnership with Swiggy for road safety training. Hero's Emerging Mobility unit, VIDA, sustained strong retail momentum with 28,798 dispatches and an 83% VAHAN growth, while its electric scooter VX2 achieved an Asia Book of Records feat. Global business dispatches grew 5% sequentially to 27,330 units, marking one million customers in Latin America.

Hero MotoCorp Ltd has announced that its trading window for dealing in the company's securities will be closed from Thursday, October 1, 2026. This closure will extend until 48 hours after the declaration of the financial results for the quarter and half-year ending September 30, 2026. The restriction is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct for designated persons.

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.

Hero MotoCorp reported total dispatches of 5,68,398 units in August 2026, a slight increase from 5,53,727 units in August 2025. The company saw strong retail growth of 19% over the previous year, driven by robust demand entering the festive season. The Emerging Mobility business unit, VIDA, recorded dispatches of 25,558 units with 38% VAHAN growth, and launched a new fixed battery variant. The domestic ICE business maintained momentum with 5,16,747 dispatches and 18% VAHAN retail growth. The Global Business unit dispatched 26,093 units, expanding its product portfolio in international markets with launches in Bangladesh and a strategic focus on premiumization.

Hero MotoCorp Ltd. has announced the appointment of Mr. Suresh Kumar P as its new Chief Digital & Information Officer, effective August 31, 2026. Mr. Kumar brings nearly two decades of experience in leveraging technology for business growth across FMCG, Pharmaceuticals, and IT sectors. He has previously held senior leadership roles at organizations like Reckitt, Pernod Ricard, and Asian Paints. His appointment signifies a strategic move to enhance digital capabilities and drive transformation within the company. Mr. Kumar will also join the company's Leadership Team and be designated as Senior Management.

Hero MotoCorp Ltd has completed the purchase of an additional 1,18,80,000 equity shares in its associate company, Ather Energy Limited. The total consideration for this transaction amounted to approximately ₹1,758 crore. Following this investment, Hero MotoCorp's shareholding in Ather Energy now stands at approximately 32.8% on a fully diluted basis. This move signifies a deepening of the strategic partnership and investment in the electric vehicle segment.

Hero MotoCorp Limited announced its Committee of Directors has approved the purchase of additional equity shares in Ather Energy Limited, an associate company. The investment is expected to be up to ₹1,758 crore and will increase Hero MotoCorp's shareholding in Ather from 29.88% to approximately 32.8% on a fully diluted basis. Ather Energy is engaged in the design, manufacturing, and servicing of electric two-wheelers and operates its own charging infrastructure. The acquisition is not considered a related party transaction and does not require governmental or regulatory approvals. The transaction is expected to be completed by September 3, 2026. Ather's turnover for the year ended March 31, 2026, was ₹3,671.76 crore.

Hero MotoCorp Ltd has invested approximately ₹960 crore in its associate company, Ather Energy Limited. This investment is part of a larger planned investment of up to ₹1,000 crore. The company has been allotted 76,19,047 convertible warrants at an issue price of ₹1,260 per warrant. Hero MotoCorp has paid 25% of the issue price, amounting to ₹239.99 crore, with the remaining 75% payable upon exercise of the warrants into equity shares. This move strengthens Hero MotoCorp's stake and commitment to Ather Energy, a key player in the electric two-wheeler segment.

Hero MotoCorp Ltd has announced that the final dividend for FY 2025-26 is being withheld for shareholders whose bank details are incomplete or missing. This action is in compliance with SEBI regulations mandating electronic dividend payments effective November 19, 2025. Shareholders are urged to update their bank details with their Depository Participant or the Company's Registrar and Transfer Agent, KFin Technologies Limited, to receive the withheld dividend. The dividend will be released electronically once the details are updated and confirmed.