Hero MotoCorp Board Recommends Final Dividend and Announces Leadership Re-appointments

Hero MotoCorp has announced its audited financial results for the year ended March 31, 2026. The board has recommended a final dividend of Rs. 75 per share, representing a 3,750% payout. Additionally, the company confirmed the re-appointment of Dr. Pawan Munjal as Executive Chairman for a five-year term and the re-appointment of Mr. Suman Kant Munjal as a director. The company’s 43rd Annual General Meeting is scheduled for August 5, 2026.

Financial Highlights and Dividend Declaration

Following the conclusion of its board meeting on May 5, 2026, Hero MotoCorp released its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. In a move to reward shareholders, the board has recommended a final dividend of Rs. 75 per equity share, having a face value of Rs. 2. This dividend payout is subject to approval at the upcoming 43rd Annual General Meeting (AGM).

Leadership Continuity

The company has prioritized stability at the helm, announcing the re-appointment of Dr. Pawan Munjal as the Whole-Time Director, designated as the Executive Chairman. This new five-year term will commence on October 1, 2026. Furthermore, the board has approved the re-appointment of Mr. Suman Kant Munjal as a director, ensuring continued leadership expertise as the company moves into the next fiscal year.

AGM and Shareholder Information

Hero MotoCorp has set Wednesday, August 5, 2026, as the date for its 43rd AGM. Shareholders should note that the company has fixed Friday, July 24, 2026, as the record date for determining entitlement to the proposed final dividend. The company intends to complete the dividend payment process within 30 days of the formal declaration at the AGM.

Source: BSE

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