The Nomination and Remuneration Committee of the Company at its meeting held today i.e. May 12, 2025 has allotted 4,872 equity shares of face value of Rs. 2/- each to the eligible employees of the Company who have exercised their stock options / units under Employee Incentive Scheme 2014.
HEROMOTOCO · price
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Hero MotoCorp has allotted 4,872 equity shares of face value Rs. 2 each to eligible employees who exercised their stock options under the company's Employee Incentive Scheme 2014. The shares were distributed across multiple schemes: 160 shares under Stock Options 2018, 2,875 under Stock Options 2020, 448 under Restricted Stock Units 2021, 566 under RSU 2022, and 823 under RSU 2023. As a result, the company's paid-up share capital has increased to Rs. 40,00,31,416, divided into 20,00,15,708 equity shares. The new shares will rank equally with existing shares in all respects. This is a routine allotment by the Nomination and Remuneration Committee.
This is a minor, routine ESOP allotment with negligible dilution (4,872 shares out of ~20 crore shares). No meaningful impact on share price or shareholder value is expected.