BSECompany Update6d ago · 25 Aug 2026, 10:58 pm
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please refer to the attached disclosure regarding update on investment in Ather ....
Hero MotoCorp Ltd · 500182
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Hero MotoCorp Ltd has informed about the allotment of 76,19,047 convertible warrants to the company on a preferential basis in Ather Energy Limited at an issue price of INR 1,260 per warrant for an aggregate subscription amount of INR 959,99,99,220.
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Hero MotoCorp Ltd - 500182 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
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; Hero
August 25, 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, Bandra (E), Phiroze Jeejeebhoy Towers,
Mumbai - 400 051 Dalal Street, Mumbai - 400 001
Scrip Code: HEROMOTOCO Scrip Code: 500182
Sub.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) –
Update on investment in Ather Energy Limited
Dear Sir/ Madam,
We refer to our earlier communications dated July 14, 2026, and July 15, 2026, wherein
we have informed you about the decision of the Committee of Directors of Hero MotoCorp
Limited (“Company”) to invest up to INR 1,000 crore (Rupees One Thousand Crores only)
in Ather Energy Limited (“Ather”), an associate company, by way of subscription to the
preferential issue by Ather.
In this regard, we wish to inform you that Ather has allotted 76,19,047 (Seventy-Six Lakh
Nineteen Thousand Forty-Seven) convertible warrants to the Company on a preferential
basis (where each warrant is convertible into 1 equity share of Ather) at an issue price of
INR 1,260 (Rupees One Thousand Two Hundred and Sixty Only) per warrant for an
aggregate subscription amount of INR 959,99,99,220 (Rupees Nine Hundred and Fifty-
Nine Crores Ninety -Nine Lakh Ninety -Nine Thousand Two Hundred and Twenty Only),
in accordance with the provisions of the Companies Act, 2013, and the SEBI (Issue of
Capital and Disclosure Requirements) Regulations, 2018.
An amount of INR 239,99,99,805 (Rupees Two Hundred Thirty-Nine Crores Ninety-Nine
Lakh Ninety-Nine Thousand Eight Hundred and Five Only), equivalent to 25% of the issue
price per warrant has been paid by the Company today, and the remaining 75% per
warrant will be payable by the Company upon the exercise of the warrants by the
Company at its option, into equity shares of Ather.
This is submitted for your information and further dissemination.
Thanking you,
For Hero MotoCorp Limited,
Prabhat Singh
Company Secretary & Compliance Officer
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.communicationfteromotocorp.com I www.heromotocorp.com CIN: L35911 DL1904PLC017354