Hero MotoCorp Limited — Others, 11-01-2025: Action(s) taken or orders passed

Hero MotoCorp has received two tax demand orders totaling approximately ₹1.97 crore (₹4.17 lakh and ₹1.53 crore) related to GST for the periods 2017-2018. The company asserts that these demands are legally unsustainable and plans to file appeals against both orders. Importantly, the management believes there will be no material impact on its financials or operations. This announcement may instill a neutral sentiment among investors as the company actively defends its position, indicating a proactive approach to potential financial risks.