Hero MotoCorp Limited held a meeting of its Board of Directors on February 5, 2026, where several important financial, strategic, and administrative decisions were approved. The meeting lasted for around two hours and fifteen minutes and focused on the company’s performance, shareholder returns, investments, and sustainability initiatives.
During the meeting, the Board approved the unaudited standalone and consolidated financial results for the quarter and the nine-month period ended December 31, 2025. These results reflect the company’s financial position and performance during the period and were cleared for disclosure in line with regulatory requirements.
One of the key announcements from the meeting was the declaration of an interim dividend for shareholders. The Board approved an interim dividend of 5,500 percent, which translates to Rs. 110 per equity share of face value Rs. 2 each. The company has fixed February 11, 2026, as the record date to determine the shareholders eligible to receive the dividend. Hero MotoCorp has stated that the dividend payout is expected to be completed on or before March 7, 2026.
The Board also approved further investment in electric mobility. Hero MotoCorp cleared an additional investment of up to Rs. 275 crore in Euler Motors Private Limited. This investment may be made in multiple tranches and could be executed through a mix of primary capital infusion or secondary acquisition. The move highlights the company’s continued focus on strengthening its presence in the electric vehicle segment.
In line with its sustainability goals, the Board approved two solar power wheeling projects under the group captive mechanism. These projects will be developed in partnership with Clean Max Enviro Energy Solutions Limited through the formation of special purpose vehicles. For the Haridwar manufacturing plant, Hero MotoCorp will invest up to Rs. 3.25 crore to acquire a 26 percent stake in the SPV. For its Neemrana and Jaipur facilities, the company will invest up to Rs. 4.67 crore for a 26 percent stake in another SPV. Both solar projects are expected to be completed within about one year and are aligned with state-level regulatory frameworks.
On the administrative side, the Board approved the appointment of Mr. Prabhat Singh as the new Company Secretary and Compliance Officer with immediate effect. He will also act as the company’s Nodal Officer. Overall, the decisions taken at the meeting reflect Hero MotoCorp’s efforts to deliver value to shareholders while investing in electric mobility and cleaner energy for long-term growth.
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