Hero MotoCorp (HEROMOTOCO) — Corporate Action

Hero MotoCorp allotted 8,165 equity shares at face value of ₹2 each to eligible employees exercising stock options and restricted stock units under the Employee Incentive Scheme 2014. The allotment comprised options from 2018 and 2020, plus performance and restricted stock units from 2022-2024. The company's paid-up share capital increased to ₹40.02 crores with 20.01 crore total equity shares outstanding. New shares rank pari-passu with existing equity.

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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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