HEROMOTOCONSEHero MotoCorp Limited· Automobiles - 2 And 3 WheelersMinimalNeutral
Announced Fri, 30 Jan · 16:15 IST

Please find enclosed herewith copies of the newspaper advertisement published intimating the shareholders that the payment of dividend through "payable-at-par" warrants or cheques have been completely discontinued.

HEROMOTOCO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Hero MotoCorp has published newspaper advertisements notifying shareholders that it has completely stopped paying dividends through 'payable-at-par' warrants or physical cheques. Going forward, shareholders will receive dividend payments only through electronic modes such as direct bank credit (NEFT/RTGS/IMPS) or similar electronic mechanisms. The company has urged shareholders to update their bank account details with the company or its Registrar & Transfer Agent (RTA) to avoid any disruption in receiving future dividend payments.

Likely market impact

This is a routine administrative and procedural update with no direct impact on stock price or business operations. Shareholders who have not yet registered or updated their bank account details with Hero MotoCorp or its RTA should do so promptly to ensure they continue to receive dividend payments without delay.