Hero Motors Limited (HEROMOTORS)

Hero Motors Limited announced the voting results of its 27th Annual General Meeting held on September 30, 2026. Shareholders approved all four ordinary resolutions, including the adoption of FY26 standalone and consolidated financial statements, re-appointment of director Mr. Keshav Misra, and ratification of cost auditor remuneration. Additionally, M/s. Neelam Gupta & Associates was appointed as Secretarial Auditor for five consecutive years (FY27 to FY31). Voter turnout was robust, with approximately 70.66% of outstanding shares voted, securing 99.99% approval across all items.

• All 4 ordinary resolutions approved with ~99.99% votes cast in favor
• Overall voter participation reached 70.66% (32,09,46,387 total valid votes cast)
• Appointment of M/s. Neelam Gupta & Associates as Secretarial Auditor for a 5-year term through FY31 approved
• Re-appointment of director Mr. Keshav Misra passed with 31,99,46,209 votes in favor

Hero Motors Limited announced that CRISIL Ratings has reaffirmed its ratings on the company's bank loan facilities totaling ₹400 crore. The long-term facilities maintain a 'CRISIL A+/Stable' rating, while short-term facilities are reaffirmed at 'CRISIL A1'. The rated debt spans term loans, working capital facilities, external commercial borrowings, and forex forwards across multiple banks.

• Total bank loan facilities rated stand at ₹400 crore
• Long-term bank facilities reaffirmed at CRISIL A+/Stable
• Short-term bank facilities reaffirmed at CRISIL A1
• Facilities include ₹202.57 crore working capital lines and ₹141.54 crore term loans across Axis Bank, Kotak Mahindra Bank, Standard Chartered, and ICICI Bank