NSEAcquisition3d ago · 28 Aug 2026, 04:24 pm

Acquisition

Hero MotoCorp Limited · HEROMOTOCO

✦ AI SummaryM&A

Hero MotoCorp Limited 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.

Analysis Scores

Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
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 update on purchase of additional equity shares in Ather Energy Limited.

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HEROMOTO_28082026162158_UpdatetoRegulation3028082026.pdf

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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