NSEChange in Management3d ago · 17 Aug 2026, 09:00 am
Change in Management
Hero MotoCorp Limited · HEROMOTOCO
✦ AI SummaryMgmt Change
Hero MotoCorp Limited has announced the appointment of Mr. Srihari Mulgund as the Chief Strategy Officer, effective August 17, 2026. Mr. Mulgund brings over 24 years of experience across engineering, product development, and strategy planning in the global automotive sector.
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Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Pursuant to Regulation 30 of the SEBI Listing Regulations, please refer to the disclosure document regarding change in management.
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HEROMOTO_17082026084731_STXIntimation.pdf
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; Hero
August 17, 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. Srihari
Mulgund has been appointed as the Chief Strategy Officer of Hero MotoCorp Limited w.e.f.
Monday, August 17, 2026.
The requisite details as per Listing Regulations, is enclosed herewith as Annexure A.
This is for your information and records.
Thanking you,
For Hero MotoCorp Limited,
Prabhat Singh
Company Secretary & Compliance Officer
Encl.: As above
Hero MotoCorp Ltd.
Regd. Office: The Grand Plaza, Plot No.2, NeLson MandeLa Road, Vacant Kunj - Phase -II, New Delhi - 110070, India
Tel. +91-11-46044220, Fax +91-11-46044399 Email: corporate.communicationfaheromotocorp.com I www.heromotocorp.com CI N: L35911 DL19B4PLC017354
; Hero
Annexure – A
1 Reason for change Appointment of Mr. Srihari Mulgund as Chief Strategy Officer
viz. appointment, of the Company w.e.f. Monday, August 17, 2026. Following his
re-appointment, appointment, Mr. Mulgund will join the Leadership Team of
resignation, removal, Hero MotoCorp Limited and will be designated as Senior
death or otherwise Management under the Listing Regulations.
2 Date of appointment /
re-appointment /
cessation (as
applicable) & term of
appointment/ re-
3 Bapripeof ipnrtomfielne t( in case of Mr. Srihari Mulgund brings over 24 years of experience across
appointment) engineering, product development, and strategy planning
within the global automotive sector. Having worked
extensively across the USA, Japan, China, and India, he has
developed deep cross-cultural expertise and a strong
understanding of diverse automotive markets. Prior to joining
Hero MotoCorp, he was a Partner at EY-Parthenon, where he
led high-impact strategic engagements across EV, battery, ICE,
supply value chain and new-age mobility ecosystem. His prior
experience also includes key roles at Aisin AW, FEV Inc. and
serving as President of Ricardo Strategic Consulting, India.
Srihari has authored thought-leadership papers related to
battery swapping, software-defined vehicles, alternate battery
chemistry, and hydrogen ICE technologies. Combining deep
industry knowledge with a strong understanding of technology,
market dynamics, and value creation, he will play a pivotal role
in shaping and advancing our forward-looking strategic
initiatives including our House of Strategy.
Srihari holds a Bachelor's degree in Mechanical Engineering
from the National Institute of Engineering, Mysore, an MS from
the University of Toledo, and an MBA from the University of
Michigan, Ann Arbor.
4 Disclosure of Not Applicable
relationships between
directors (in case of
appointment of a
director)
Hero MotoCorp Ltd.
Regd. Office: The Grand Plaza, Plot No.2, NeLson MandeLa Road, Vasant Kunj - Phase -II, New Delhi - 110070, India
Tel. +91-11-46044220, Fax +91-11-46044399 I Email: corporate.communicationfaheromotocorp.com I www.heromotocorp.com CI N: L35911 DL19B4PLC017354