BSECompany Update5d ago · 3 Aug 2026, 12:00 pm

Pursuant to Regulation 30 of the SEBI listing Regulations, please refer to the attached disclosure.

Hero MotoCorp Ltd · 500182

✦ AI Summary▲ PositiveMgmt Change

Hero MotoCorp Ltd has appointed Mr. Anuj Dua as the Chief Business Officer – Premium Segment, effective August 3, 2026, to spearhead the company's premium business and accelerate future growth.

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Earnings Impact2/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment8/10

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Hero MotoCorp Ltd - 500182 - Announcement under Regulation 30 (LODR)-Change in Management

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August 3, 2026 Asst. Vice President, Listing Deptt., The Secretary, National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, Plot C-1, Block G, 25th Floor, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (E), Dalal Street, Mumbai - 400 051 Mumbai - 400 001 Scrip Code: HEROMOTOCO Scrip Code: 500182 Subject : Compliance under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Dear Sir / Madam, Pursuant to Regulation 30 of the Listing Regulations, we wish to inform that Mr. Anuj Dua has been appointed as the Chief Business Officer – Premium Segment of Hero MotoCorp Limited w.e.f. Monday, August 3, 2026. A copy of the press release issued in this regard, along with the requisite details as per Listing Regulations, are enclosed herewith as Annexure A and B, respectively. This is for your information and records. Thanking you, For Hero MotoCorp Limited, Prabhat Singh Company Secretary & Compliance Officer Encl.: As above Annexure – A New Delhi, August 3, 2026 Hero MotoCorp Elevates Premium Mobility as a Strategic Growth Pillar with Dedicated Leadership, Expanded Portfolio and Enhanced Customer Experience  Appoints Anuj Dua as Chief Business Officer – Premium Segment to spearhead the Company’s premium business and accelerate future growth.  Strengthens premium portfolio complemented by a growing Hero Premia retail network.  Accelerates premium transformation through global mobility partnerships, advanced technologies, motorsport-led innovation and world-class engineering. New Delhi, India, Monday, August 3, 2026: Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, today announced the acceleration of its premium mobility strategy signalling a major strategic push into high-growth segments. Driven by strong FY’26 momentum, the Company is sharpening its focus on the premium segment through dedicated leadership, an expanding product portfolio, differentiated retail experiences and global partnerships. The company also announced the appointment of Mr. Anuj Dua as Chief Business Officer – Premium Segment. An industry veteran with deep leadership experience across Hero MotoCorp, Royal Enfield, and Bajaj Auto, Anuj brings a proven track record in global product planning & strategy, brand building, and market expansion. In this new role, Anuj, will steer premiumization as a core growth pillar for the company - driving portfolio expansion, strategic partnerships, exclusive retail experiences, and deeper rider engagement through community building, curated merchandise and riding events across premium, lifestyle and performance categories. Hero MotoCorp continued to strengthen its premium portfolio during FY'26 with the launch of multiple new products across motorcycles and scooters, including the Glamour X, Xtreme 125R, Xtreme 250R, Xoom 160, XPulse 210 and the Harley-Davidson X440 T. The Company also expanded its exclusive Hero Premia retail and service network to more than 130 stores across India. Designed to deliver a differentiated buying and ownership experience, these premium retail outlets, combining specialised sales consultants and personalised after-sales support, will enable stronger customer engagement while supporting the growth of its expanding premium portfolio. Commenting on the Company’s premium growth strategy, Dr. Pawan Munjal, Executive Chairman, Hero MotoCorp said, “The global mobility landscape is undergoing a significant transformation, led by rising consumer aspirations for premiumization including curated premium experiences. At Hero MotoCorp, we are responding to these transformative shifts with a future-focused strategy that combines innovation, design excellence, performance engineering and deeper customer engagement. Our expanding premium portfolio, retail transformation and motorsport initiatives are integral to this strategy, accelerating product innovation, strengthening brand aspiration, and reinforcing our position as a globally admired mobility brand which is proudly Made in India.” Anchoring this technological shift is Hero MotoCorp’s flagship “Garden Factory” in Neemrana, Rajasthan. Combining automated manufacturing, digital quality control, and sustainable operations, this state-of-the-art facility is setting new benchmarks in precision engineering and operational excellence. The Company intends to progressively scale these capabilities across its manufacturing footprint. The Company is also progressively integrating connected technologies, intelligent rider interfaces and advanced electronic architecture across its premium portfolio. With built in Over-the-Air (OTA) updates and next-generation rider assistance technologies, Hero MotoCorp is committed to deliver safer, smarter and continuously evolving mobility experiences. Additionally, Hero MotoSports continues to act as a strategic catalyst for product and performance development. Lessons learned under the extreme demands of racing are translated into advancements in chassis dynamics, electronic rider aids, powertrain performance, and durability, accelerating the development of technologies across the broader commercial portfolio. For more information on Hero MotoCorp: Press Contact: corporate.communication@heromotocorp.com Annexure - B 1 Reason for change Appointment of Mr. Anuj Dua as Chief Business Officer (CBO) viz. appointment, – Premium Segment of the Company w.e.f. Monday, August 3, re-appointment, 2026. Following this appointment, Mr. Dua will also join the resignation, removal, Leadership Team of Hero MotoCorp Limited and is designated death or otherwise as Senior Management under the Listing Regulations. 2 Date of appointment / re-appointment / cessation (as applicable) & term of appointment/ re-appointment 3 Brief profile (in case of Mr. Anuj Dua is an industry veteran with deep leadership appointment) experience across Hero MotoCorp, Royal Enfield, and Bajaj Auto. Anuj brings a proven track record in global product planning & strategy, brand building, and market expansion. In this new role, Anuj, will steer premiumization as a core growth pillar for the company - driving portfolio expansion, strategic partnerships, exclusive retail experiences, and deeper rider engagement through community building, curated merchandise and riding events across premium, lifestyle and performance categories. 4 Disclosure of Not Applicable relationships between directors (in case of appointment of a director)