HEROMOTOCONSEHero MotoCorp Limited· Automobiles - 2 And 3 WheelersMediumNeutral
Announced Mon, 4 May · 11:29 IST

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the disclosure document with respect to change in senior management personnel of the Company.

Management Changes View source PDF

HEROMOTOCO · price

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Price reaction · full curve 14 horizons · vs prior close
+0.3%1-day move
₹5110.00
prior close
₹5116.00
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AI summary

Hero MotoCorp has announced the appointment of Mr. Sachin Agrawal as Chief Technology Officer (CTO) effective May 21, 2026. Agrawal brings over 29 years of automotive R&D experience, previously serving as Executive Vice President & Head of R&D at VE Commercial Vehicles (Volvo-Eicher joint venture). He will lead the company's R&D transformation across Hero's Innovation Centre in India and Tech Centre Germany, focusing on electrification, next-generation mobility, and alternative fuels. Upon this appointment, Mr. Vikram Kasbekar will step down as CTO but will continue serving on the Board as Executive Director, ensuring leadership continuity.

Likely market impact

This appointment signals Hero MotoCorp's strategic focus on technology leadership and EV transformation. The incoming CTO's strong background in electric mobility and digital technologies could boost investor confidence in the company's future-readiness. The outgoing CTO retaining his board position suggests an orderly transition rather than a governance concern.