BSECompany Update4d ago · 28 Aug 2026, 04:24 pm
Pursuant to Regulation 30 of the SEBI Listing Regulations, please refer to the disclosure document regarding purchase of additional equity shares in Ather Energy Limited.
Hero MotoCorp Ltd · 500182
✦ AI Summaryacquisition
Hero MotoCorp Ltd has completed the purchase of 1,18,80,000 equity shares in Ather Energy Limited for a total consideration of ~Rs. 1,758 crore, increasing its shareholding in Ather to ~32.8% on a fully diluted basis.
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Growth Catalyst8/10
Governance Concern1/10
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Liquidity Impact9/10
Market Sentiment6/10
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Hero MotoCorp Ltd - 500182 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
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hero
August 28, 2026
Asst. Vice President, Listing Dept., 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 : Disclosure under Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) –
Update on purchase of additional equity shares in Ather Energy Limited
(“Ather”)
Dear Sir/Madam,
We refer to our earlier communication dated August 27, 2026, wherein we informed you
about the decision of the Committee of Directors of the Board of Directors of Hero MotoCorp
Limited (“the Company”) to purchase additional equity shares in Ather, an associate
company.
We would like to inform you that the Company has completed the purchase of 1,18,80,000
(One Crore Eighteen Lakh Eighty Thousand) equity shares in Ather, for a total consideration
of ~Rs. 1,758 crore (Rupees One Thousand Seven Hundred Fifty-Eight crore (approx.)).
Following this transaction, the Company’s shareholding in Ather stands at ~32.8% shares
(on a fully diluted basis).
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