Hero MotoCorp Limited — Others, 03-04-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Hero MotoCorp Ltd. has received a tax order concerning an assessment for the financial year 2021-22, which includes an additional tax demand of approximately ₹5.50 crore due to reported income adjustments of ₹13.23 crore. The company believes the demand lacks merit and is preparing to file an appeal and rectification application. This situation is not expected to have a significant impact on the company’s operations or financial health. Investors may see this as a potential risk; however, the management's confidence in resolving the issue may bolster a positive outlook.