Hero MotoCorp Limited — Important, 06-02-2025: General Updates

Hero MotoCorp's Board has approved the interim dividend of ₹100 per equity share for FY 2024-25, representing a staggering 5,000% of the share's nominal value. This dividend will be payable to shareholders recorded as of February 12, 2025. In line with tax regulations, TDS will be deducted from the dividend based on the applicable rates, with guidelines issued for both resident and non-resident shareholders regarding the necessary documentation required to avail of any tax exemptions. Shareholders are encouraged to ensure their KYC details and other necessary forms are submitted by February 13, 2025, to facilitate the correct TDS deductions. The financial results for the quarter and nine months ended December 31, 2024, have also been shared with shareholders, reflecting ongoing transparency and adherence to corporate governance norms. Overall, the announcement underscores the company's robust performance and commitment to delivering returns to shareholders.