Hero MotoCorp Ltd (HEROMOTOCO)
Pursuant to Regulation 30 of the SEBI Listing Regulations, please refer to the attached disclosure regarding setting up of a company under Section 8 of the Companies Act, 2013, to under ....
Board approved setting up a wholly-owned Section 8 company for CSR initiatives named Hero MotoCorp Foundation - A Santosh Munjal Legacy.
- The entity will be a non-profit under Companies Act, 2013
- Incorporation subject to Central Government / MCA approval
- Initial capital infusion of Rs. 1 crore by Hero MotoCorp Ltd
- The new company will be a wholly-owned subsidiary
- Board meeting held on August 6, 2026
Source: Original filing PDF
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🚨 HEROMOTOCO — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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