HEROMOTOCONSEHero MotoCorp Limited· Automobiles - 2 And 3 WheelersLowNeutral
Announced Tue, 5 May · 20:02 IST

Please note that the Board of Directors at its meeting held today, viz. May 5, 2026 has approved convening the 43rd Annual General Meeting of the Company on Wednesday, August 5, 2026.

Board & Shareholder Meetings View source PDF

HEROMOTOCO · price

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Price reaction · full curve 14 horizons · vs prior close
+4.4%1-day move
₹5127.00
prior close
₹5240.00
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AI summary

Hero MotoCorp's Board approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. The Board recommended a final dividend of Rs. 75 per share (3,750% on face value of Rs. 2), subject to shareholder approval at the AGM. Dr. Pawan Munjal has been re-appointed as Whole-Time Director and Executive Chairman for another 5-year term starting October 1, 2026. Mr. Suman Kant Munjal is also proposed for re-appointment as director retiring by rotation. The 43rd AGM is scheduled for August 5, 2026, with July 24, 2026 as the record date for dividend entitlement.

Likely market impact

The dividend recommendation of Rs. 75 per share signals strong financial health and rewards shareholders. The re-appointment of key leadership ensures continuity in management. The AGM date announcement sets the timeline for these critical approvals.