The Nomination and Remuneration Committee of the Company at its meeting held today i.e. November 12, 2025 has (i) allotted 13,752 equity shares of face value of Rs. 2/- each, and (ii) granted certain RSUs and PRSUs to the eligible employees of the Company under Employee Incentive Scheme 2014.
HEROMOTOCO · price
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The Nomination and Remuneration Committee of Hero MotoCorp met on November 12, 2025 and approved the allotment of 13,752 equity shares of face value Rs. 2 each to eligible employees. In addition, the committee granted Restricted Stock Units (RSUs) and Performance-based Restricted Stock Units (PRSUs) to employees under the company's Employee Incentive Scheme 2014. This is a routine employee compensation action where shares are issued as part of long-term incentive plans. The face value of shares allotted is nominal (Rs. 2), and the actual allotment price or grant value is not specified in this filing.
Minor dilution due to the small share allotment; the broader RSU and PRSU grants align employee interests with shareholders but could result in future share issuance upon vesting. No material impact expected on stock price.