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Hero MotoCorp approves ₹275 Cr investment in Euler Motors, declares ₹110 interim dividend

Hero MotoCorp Limited

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February 5, 2026, 04:20 PM

Hero MotoCorp approved unaudited financial results for Q3FY26 and declared an interim dividend of ₹110 per share. The company will invest ₹275 crore in Euler Motors and up to ₹7.92 crore in solar power projects. Mr. Prabhat Singh appointed as Company Secretary and Compliance Officer.

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Hero MotoCorp Limited announced the outcome of its Board Meeting held on February 5, 2026. The Board approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. They also declared an interim dividend of 5,500%, amounting to ₹110 per equity share for the financial year 2025-26. The record date for this dividend has been set as February 11, 2026, with payments expected by March 7, 2026.

In strategic investments, the company approved an additional investment of ₹275 crore in Euler Motors Private Limited, to be made in one or more tranches. Further, Hero MotoCorp will invest up to ₹3.25 crore in a Solar Power Wheeling Project for its Haridwar plant and up to ₹4.67 crore for similar projects at its Neemrana, Global Parts Centre, and Centre for Innovation & Technology, Jaipur plants, all under the Group Captive Mechanism.

Additionally, Mr. Prabhat Singh was appointed as the Company Secretary and Compliance Officer, effective February 5, 2026. He will also serve as the Nodal Officer. Mr. Singh is a Fellow Member of The Institute of Company Secretaries of India with over 17 years of experience in corporate law, secretarial practices, and corporate governance.

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