Hero MotoCorp Limited — Important, 25-06-2025: General Updates

Hero MotoCorp has announced a board meeting to approve the financial results for the quarter and half-year. The Nomination & Remuneration Committee has approved granting 58,500 Restricted Stock Units (RSUs) and 70,000 Performance RSUs (PRSUs) to eligible employees, vesting over three years. Each unit converts into one equity share at a face value of Rs. 2 per share. RSUs vest in equal tranches annually with a 24-month exercise window post-vesting, while PRSUs vest after three years with a similar exercise period. This move aligns management incentives with long-term shareholder value.