Pursuant to Regulation 30 of the SEBI Listing Regulations, please refer to the attached disclosure w.r.t. appointment of Mr. Harshavardhan Chitale as the Cheif Executive Officer w.e.f. January 5, 2026.
HEROMOTOCO · price
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On the reaction day the stock moved 0.9 pts more than Nifty Midcap 150 and 1.9 pts less than its 2/3 Wheelers peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Hero MotoCorp has announced the appointment of Mr. Harshavardhan Chitale as its new Chief Executive Officer, effective from January 5, 2026. The disclosure has been made under Regulation 30 of the SEBI Listing Regulations, as required for key managerial personnel changes. The company has not provided additional details about his background or whether he was an internal promotion or an external hire in this filing.
This is a significant leadership change at India's largest two-wheeler maker, which may influence investor sentiment and strategic direction going forward. Shareholders should watch for further details about the new CEO's plans and any management transition updates.