Hero MotoCorp Limited — Others, 24-04-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Hero MotoCorp Ltd. has received a notice from the Rajasthan RTO alleging non-payment of ₹14.50 crore for a Temporary Registration Certificate. The company views the notice as unsustainable and intends to appeal. Past instances of similar notices resulted in stays, suggesting a potential resolution is likely. Management believes this issue will not materially impact the company's financials or operations. Investor sentiment may remain stable given the company’s confidence in addressing the matter effectively, indicating a positive outlook despite the situation.