The Nomination and Remuneration Committee of the Company at its meeting held today, i.e. May 4, 2026 has allotted 3,161 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's Nomination and Remuneration Committee allotted 3,161 equity shares of Rs. 2 face value each to eligible employees who exercised their stock options under the Employee Incentive Scheme 2014. The allotment includes Performance Restricted Stock Units 2022 (2,225 shares), Restricted Stock Units 2024 (228 shares), Restricted Stock Units 2023 (381 shares), Stock Options 2020 (300 shares), and Restricted Stock Units 2022 (27 shares). Following this allotment, the company's paid-up share capital stands at Rs. 40,01,85,876 comprising 20,00,92,938 equity shares. This is a routine employee compensation exercise and does not involve any capital raising from external investors.
Negligible impact on existing shareholders as the dilution from 3,161 new shares is minimal (approximately 0.0016% increase in share count). The shares will rank pari-passu with existing equity shares.