HEROMOTOCOBSEHero MotoCorp LtdLowNeutral
Announced Tue, 5 May · 19:54 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
base price
After-mkt
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-0.3-0.7-0.2+0.3+4.4+3.9+2.0-0.8-2.6-1.6-0.8-7.0-3.6
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AI summary

Hero MotoCorp's Board approved the audited standalone and consolidated financial results for Q4 and the financial year ended March 31, 2026. The Board recommended a final dividend of Rs. 75 per equity share (3,750% on face value of Rs. 2), to be paid within 30 days of shareholder approval at the AGM. Dr. Pawan Munjal has been re-appointed as Whole-Time Director designated as Executive Chairman for another 5-year term starting October 1, 2026. Mr. Suman Kant Munjal has also been re-appointed as Director retiring by rotation. The 43rd AGM is scheduled for August 5, 2026, with July 24, 2026 as the record date for determining dividend entitlement.

Likely market impact

Strong shareholder returns signaled by the substantial Rs. 75 per share dividend payout. Leadership continuity maintained with key promoter family re-appointments, which should provide stability for the company's operations and strategic direction.