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

Hero MotoCorp has received a tax order from the Income Tax Department related to the assessment year 2020-21, indicating an additional tax demand of approximately ₹26.4 crore due to income adjustments of around ₹96.5 crore. The company is currently reviewing the order and plans to file an appeal, believing the tax demand to be unsustainable. This development is unlikely to materially impact the company’s financials or operations, and investors may perceive this as a neutral impact, pending further legal proceedings.