Announced Wed, 24 Jun · 23:24 IST
Hero MotoCorp grants 1,27,056 RSUs and PRSUs to employees
Capital Market Events View source PDF
HEROMOTOCO · price
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Price reaction · full curve 14 horizons · vs prior close
-0.9%1-day move
₹4888.40
prior close
₹4954.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.2+1.4+1.6+1.1-0.9-2.0-1.2-0.4-0.7+2.1+0.5+4.6——
Up moveDown movePending
AI summary
Hero MotoCorp's Nomination and Remuneration Committee approved granting 52,056 Restricted Stock Units (48,000 Type A vesting over 3 years plus 4,056 Type B vesting over 4 years) and 75,000 Performance Restricted Stock Units to certain eligible employees on June 24, 2026. Each unit is convertible into one equity share at face value of Rs. 2. Total shares covered: 1,27,056. Grants made under the Employee Incentive Scheme 2014 and SEBI SBEB Regulations 2021.
Likely market impact
Minor equity dilution of about 1.27 lakh shares; aligns employee interests with long-term shareholder value through performance-linked incentives.