Hero MotoCorp (HEROMOTOCO) — Board Meeting

Hero MotoCorp's board approved a final dividend of Rs. 65 per share (3,250% on Rs. 2 nominal) for FY 2024-25, payable within 30 days of the AGM. The filing mandates shareholder compliance with updated KYC norms and submission of tax forms by July 18, 2025, to avoid TDS deductions. Resident individuals can claim exemption via Form 15G/H if total dividends stay below Rs. 10,000, while non-residents may leverage DTAA benefits. Indemnification clauses require shareholders to cover tax liabilities from misrepresentation. The company emphasizes electronic payment processing and strict adherence to SEBI and Income Tax Act regulations.

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About Hero MotoCorp Limited (HEROMOTOCO)

Automobile and Auto Components · Automobiles · Listed on NSE

Market Cap: ₹1,01,337.07 Cr P/E: 18.6 ROE: 28.2% ROCE: 33.9%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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