Hero MotoCorp Limited has officially incorporated a wholly-owned subsidiary named ‘Hero MotoCorp Foundation – A Santosh Munjal Legacy’. This entity, established under Section 8 of the Companies Act, 2013, will focus on undertaking the company’s corporate social responsibility initiatives. The incorporation was finalized on October 29, 2026, following earlier board approval and official consent from the Registrar of Companies.
New Subsidiary for Social Initiatives
Hero MotoCorp Limited has announced the successful incorporation of a new wholly-owned subsidiary dedicated to its corporate social responsibility (CSR) activities. The entity has been established under the name ‘Hero MotoCorp Foundation – A Santosh Munjal Legacy’, operating under Section 8 of the Companies Act, 2013.
Official Approval and Purpose
The company received official approval for the incorporation from the Registrar of Companies, Ministry of Corporate Affairs, on October 29, 2026. This development follows a prior decision by the Board of Directors of Hero MotoCorp Limited to create a distinct legal entity for managing and executing its CSR programs. The foundation aims to consolidate and enhance the company’s social impact initiatives.
Subsidiary Status
With the completion of all necessary formalities, the newly formed entity is now officially recognized as a wholly-owned subsidiary of Hero MotoCorp Limited. This move is intended to streamline the company’s CSR operations and ensure a focused approach to its social contributions.
Source: BSE
