NSEGeneral Updates2d ago · 7 Nov 2026, 04:46 pm
General Updates
Hero Motors Limited · HEROMOTORS
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Hero Motors Limited has informed the Exchange about the allotment of 64,69,399 equity shares pursuant to the exercise of options under the Hero Motors Employees Stock Option Plan, 2022. The shares were allotted at Rs. 69.14/- each, and the paid-up share capital of the Company has increased to 46,06,84,975 equity shares of Rs. 10/- each.
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Governance Concern1/10
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Liquidity Impact8/10
Market Sentiment6/10
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Hero Motors Limited has informed the Exchange about General Updates
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PROJECTOMA_07112026164540_Signed_ESOP_Disclosure_Stock_Exchange_07112026.pdf
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November 07, 2026
BSE Limited (“BSE”) National Stock Exchange of India Limited (“NSE”)
Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G,
Dalal Street Bandra Kurla Complex,
Mumbai – 400001 Bandra (E), Mumbai – 400051
Scrip Code: 544936 Symbol: HEROMOTORS
Dear Sirs,
Sub: Intimation of Allotment of Equity shares pursuant to exercise of options under Hero Motors
Employees Stock Option Plan, 2022 (“ESOP- 2022” or “Scheme”)
Pursuant to the provisions of the SEBI (Listing Obligations and Disclosure Requirement) Regulations,
2015 read with SEBI (Shares based Employee Benefits and Sweat Equity) Regulations, 2021, we wish
to inform you that the Nomination and Remuneration Committee of the Company has, through Circular
Resolution passed on November 07, 2026, has allotted 64,69,399 equity shares of face value of Rs. 10/-
each for cash at Rs. 69.14/- each, to the grantees who had exercised the options granted under ESOP-
2022 or Scheme of the Company.
The said equity shares shall rank pari- passu with the existing equity shares of the Company in all
respects.
Consequent to the aforesaid allotment of equity shares, the paid-up share capital of the Company would
stand increased as per the details given below:
Particulars Number of Equity Shares of Rs. 10/- each
Pre-Allotment Paid up Capital 45,42,15,576
Allotment under ESOP Scheme 2015 64,69,399
Post Allotment Paid up Capital 46,06,84,975
Details required under Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat
Equity) Regulations, 2021 are enclosed as Annexure-1
For Hero Motors Limited
Sakshi Dureja
Company Secretary & Compliance Officer
Hero Motors Limited
Registered Office: Hero Nagar, G.T. Road, Ludhiana-141003
GBN Plant: 10th K.M. Stone, G.T. Road, P.O. Dujana-203207, Tehsil Dadri, Distt. Gautam Budh Nagar, Uttar Pradesh;
Ph: +0120 2674207, +0120 2674208
Corporate Office: C3-C, 7th Floor, Max Square Building, Sector 129, Noida-201304
CIN: U29299PB1998PLC039602 | Website: www.heromotors.com | Email: info@heromotors.com | Tel.: 0161-5026969
Annexure-1
DETAILS REQUIRED UNDER REGULATION 10(c) OF SEBI (SHARE BASED
EMPLOYEE BENEFITS AND SWEAT EQUITY) REGULATIONS, 2021
Sr Particulars Reply
1. Company name and address of Registered Office Hero Motors Limited
Hero Nagar, G.T. Road,
Ludhiana-141003
2. Name of the recognized Stock Exchanges on • BSE Limited
which the company's shares are listed • National Stock Exchange of
India Limited
3. Filing date of the statement referred to in
regulation 10(b) of the Securities and Exchange 09.10.2026 with BSE
Board of India (Share Based Employee Benefits 10.10.2026 with NSE
and Sweat Equity) Regulations, 2021 with the
recognized Stock Exchange
4. Filing Number, if any: BSE Case No.
DCS/ESOP/IP/RD/317/2026-27
NSE Application No.
NSE/LIST/57943
5. Title of the Scheme pursuant to which shares are Hero Motors Employees Stock
issued, if any: Option Plan, 2022
6. Kind of security to be listed: Equity shares
7. Par value of the shares: Rs. 10
8. Date of issue of shares November 07, 2026
9. Number of shares issued 64,69,399
10. Share Certificate No, if applicable Not Applicable
11. Distinctive number of the share, if applicable 454215577 - 460684975
12. ISIN Number of the shares if issued in Demat INE012G01022
13. Exercise price per share Rs. 69.14/-
14. Premium per share Rs. 59.14/-
15. Total issued shares after this issue 46,06,84,975 Equity Shares of Rs.
10/- each
16. Total issued share capital after this issue Rs. 4,60,68,49,750
17. Details of any lock-in on the shares Not Applicable
Hero Motors Limited
Registered Office: Hero Nagar, G.T. Road, Ludhiana-141003
GBN Plant: 10th K.M. Stone, G.T. Road, P.O. Dujana-203207, Tehsil Dadri, Distt. Gautam Budh Nagar, Uttar Pradesh;
Ph: +0120 2674207, +0120 2674208
Corporate Office: C3-C, 7th Floor, Max Square Building, Sector 129, Noida-201304
CIN: U29299PB1998PLC039602 | Website: www.heromotors.com | Email: info@heromotors.com | Tel.: 0161-5026969
18. Date of expiry of lock-in Not Applicable
19. Whether shares are identical in all respects to The said equity shares shall rank pari-
existing shares? If not, when will they become passu with the existing equity shares
identical? of the company in all respects.
20. Details of listing fees, if payable Not Applicable
For Hero Motors Limited
Sakshi Dureja
Company Secretary & Compliance Officer
Date: November 07, 2026
Place: Noida (U.P)
Hero Motors Limited
Registered Office: Hero Nagar, G.T. Road, Ludhiana-141003
GBN Plant: 10th K.M. Stone, G.T. Road, P.O. Dujana-203207, Tehsil Dadri, Distt. Gautam Budh Nagar, Uttar Pradesh;
Ph: +0120 2674207, +0120 2674208
Corporate Office: C3-C, 7th Floor, Max Square Building, Sector 129, Noida-201304
CIN: U29299PB1998PLC039602 | Website: www.heromotors.com | Email: info@heromotors.com | Tel.: 0161-5026969