The Nomination and Remuneration Committee of the Company at its meeting held today i.e. August 5, 2025 has allotted 52,152 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 52,152 equity shares of face value Rs. 2 each to eligible employees on August 5, 2025, upon exercise of stock options and units under the Employee Incentive Scheme 2014. The shares were spread across multiple schemes including Stock Options 2018 and 2020, Performance Restricted Stock Units 2021 and 2022, and Restricted Stock Units 2021, 2022, 2023, and 2024. With this allotment, the company's paid-up share capital rose to Rs. 40,01,35,720 divided into 20,00,67,860 equity shares. The newly allotted shares will rank equally with existing shares.
This is a routine ESOP allotment and a small dilution (about 0.026% of share capital). It is unlikely to have any material impact on the stock price but slightly increases the total share count.