Hero MotoCorp Limited — JV/Acquisition, 01-04-2026: Acquisition

Hero MotoCorp has deepened its strategic investment in associate company Euler Motors. It acquired 2,68,219 Series E shares for Rs. 210 crore, raising its stake to 36.67% (fully diluted). This latest tranche is part of an earlier commitment of Rs. 275 crore. This increased holding signals Hero MotoCorp's intent to strengthen its position in the rapidly evolving electric vehicle market, leveraging Euler Motors' capabilities and technology. A clear signal to future growth areas.