Hero MotoCorp Limited — Others, 12-05-2025: ESOP/ESOS/ESPS

Hero MotoCorp Ltd. has announced a board meeting on the allotment of 4,872 equity shares to employees who exercised stock options and restricted stock units under its Employee Incentive Scheme 2014. This allotment, spanning plans from 2018 to 2023, raises the paid-up share capital to Rs. 400.03 Cr, comprising 20 crore equity shares of Rs. 2 each. The move reinforces the company’s commitment to employee incentives, aligning workforce motivation with shareholder interests.