Hero MotoCorp announced its financial results for the quarter and year ended March 31, 2026. The Board of Directors recommended a final dividend of Rs. 75 per share for shareholders. Additionally, the company confirmed the reappointment of Dr. Pawan Munjal as Executive Chairman for a five-year term and the reappointment of Mr. Suman Kant Munjal as a Director. The 43rd Annual General Meeting is scheduled for August 5, 2026.
Financial Highlights and Dividend Declaration
Following the Board Meeting held on May 5, 2026, Hero MotoCorp has released its audited standalone and consolidated financial results for the fiscal year ending March 31, 2026. Reflecting a robust performance, the company has recommended a final dividend of 3,750%, which translates to Rs. 75 per equity share (having a face value of Rs. 2). This proposal remains subject to approval by shareholders at the upcoming 43rd Annual General Meeting (AGM).
Strategic Leadership Reappointments
The Board has signaled continuity in leadership by approving the reappointment of Dr. Pawan Munjal as the Whole-Time Director, designated as the Executive Chairman. This new term spans five years, effective from October 1, 2026. Furthermore, the Board has reappointed Mr. Suman Kant Munjal as a Director, maintaining the company’s established management structure. Both appointments await formal ratification by members at the ensuing AGM.
Upcoming Shareholder Meeting and Record Date
The company has scheduled its 43rd AGM for Wednesday, August 5, 2026. To determine the entitlement of shareholders for the recommended final dividend, the company has set Friday, July 24, 2026, as the official record date. Shareholders are advised to ensure their records are updated ahead of this date to facilitate the dividend payment process, which will be completed within 30 days of the AGM declaration.
Source: BSE
