Hero MotoCorp Merger & Restructuring
Hero MotoCorp incorporated a wholly-owned CSR subsidiary under Section 8 of the Companies Act on October 29, 2026. The entity 'Hero MotoCorp Foundation' will undertake CSR initiatives.
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Hero MotoCorp incorporated a wholly-owned CSR subsidiary under Section 8 of the Companies Act on October 29, 2026. The entity 'Hero MotoCorp Foundation' will undertake CSR initiatives.
Hero MotoCorp is incorporating a new Section 8 subsidiary, 'Hero MotoCorp Foundation', for CSR initiatives with a cash investment of Rs. 1.00 Crore.
Hero MotoCorp will invest Rs. 960 Crore in Ather Energy via convertible warrants. This transaction increases its stake from 29.48% to 30.68% on a fully diluted basis.
Hero MotoCorp approved an additional investment of up to Rs. 1,000 crore in associate company Ather Energy. The deal increases Hero's stake in the electric vehicle manufacturer.