HEROMOTOCOBSEHero MotoCorp LtdMediumNeutral
Announced Mon, 4 May · 11:28 IST

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

Kmp ResignedManagement 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
₹5110.00
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AI summary

Hero MotoCorp has appointed Mr. Sachin Agrawal as Chief Technology Officer (CTO) effective May 21, 2026. Sachin brings over 29 years of automotive R&D experience, previously serving as EVP & Head of R&D at VE Commercial Vehicles (Volvo-Eicher JV). He succeeds Mr. Vikram Kasbekar, who is stepping down from the CTO role but will continue serving as Executive Director on the board. The appointment is aimed at accelerating Hero MotoCorp's R&D transformation, particularly in electrification, next-gen mobility, and technology innovation.

Likely market impact

The transition represents a routine leadership change in the technology function. While the outgoing CTO remains on the board as Executive Director, investors may monitor whether this signals any strategic shift in the company's technology or electrification roadmap.