Hero MotoCorp Declares ₹75/Share Final Dividend, Sets Aug 5 AGM
Hero MotoCorp declared a final dividend of ₹75 per share, subject to member approval at the 43rd AGM on August 5, 2026. The record date for the dividend is July 24, 2026. The company also approved financial results for FY26 and re-appointments of Dr. Pawan Munjal and Mr. Suman Kant Munjal.
The announcement includes a significant dividend payout and important management re-appointments, which are material events for shareholders and the company's governance.
The declaration of a substantial final dividend and the re-appointment of key management personnel are positive indicators for the company.
Hero MotoCorp Limited announced the outcome of its Board Meeting held on May 5, 2026. The Board considered and approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. A press release and audit reports with unmodified opinions were enclosed.
The Board recommended a final dividend of 3,750%, amounting to ₹75 per equity share (face value ₹2 per share). This recommendation is subject to the approval of the company's members at the upcoming 43rd Annual General Meeting (AGM). The dividend payment is scheduled to be completed within 30 days of its declaration at the AGM.
Furthermore, the Board approved the re-appointment of Dr. Pawan Munjal as Whole-Time Director, designated as Executive Chairman, for another five-year term effective October 1, 2026. This re-appointment also requires member approval at the 43rd AGM.
Mr. Suman Kant Munjal, a Director retiring by rotation, was also recommended for re-appointment, subject to member approval at the 43rd AGM.
The 43rd AGM of the Company has been scheduled for Wednesday, August 5, 2026. Pursuant to Regulation 42 of the Listing Regulations, the record date for determining entitlement to the final dividend has been fixed as Friday, July 24, 2026. The Board meeting commenced at 3:00 p.m. and concluded at 6:35 p.m.
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Hero MotoCorp Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Hero MotoCorp Limited. Read the original for the full detail.