Hero MotoCorp promoters confirm no encumbrance on shares in FY26
Promoters of Hero MotoCorp declared no encumbrance on 69.49 million shares, or 34.73% of equity, for FY26. The filing complies with SEBI regulations and details holdings by entities like Bahadur Chand Investments.
*this image is generated using AI for illustrative purposes only.
Promoters of hero motocorp have confirmed that their shareholding in the company remains free of any encumbrance for the financial year ended March 31, 2026. The declaration, submitted to the stock exchanges and the company's Audit Committee, verifies that no shares were pledged directly or indirectly by the promoters or members of the promoter group during this period. This disclosure ensures that the significant shareholding held by the promoters is unencumbered as of the specified date.
The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. It provides a detailed breakdown of the shareholding held by various individuals and entities within the promoter group. The total promoter and promoter group holding stands at 69,488,181 shares, which constitutes 34.73% of the total issued shares of Hero MotoCorp Limited.
Shareholding Breakdown
The declaration lists specific shareholdings for key individuals and entities. Bahadur Chand Investments Pvt Ltd holds the largest stake within the promoter group at 40,033,238 shares, representing 20.01% of the total equity. The partnership firm Brijmohan Lal Om Prakash holds 27,927,058 shares, accounting for 13.96% of the total shares.
| Name of Promoter / PAC | Category | Number of Shares | % of Total Shares |
|---|---|---|---|
| Bahadur Chand Investments Pvt Ltd | Promoter | 40,033,238 | 20.01 |
| Brijmohan Lal Om Prakash (Partnership Firm) | Promoter | 27,927,058 | 13.96 |
| Hero Investcorp Private Limited | Promoter | 873,766 | 0.44 |
| Pawan Munjal Family Trust | Promoter | 201,100 | 0.10 |
| Renu Munjal | Promoter | 111,482 | 0.06 |
| Suman Kant Munjal | Promoter | 91,250 | 0.05 |
| Renuka Munjal | Promoter | 32,480 | 0.02 |
| Pawan Munjal | Promoter | 43,364 | 0.02 |
| Aniesha Munjal | Promoter Group | 32,500 | 0.02 |
| Sunil Kant Munjal | Promoter Group | 32,500 | 0.02 |
| Vasudha Dinodia | Promoter Group | 32,500 | 0.02 |
| Abhimanyu Munjal | Promoter Group | 10,620 | 0.01 |
| Rahul Munjal | Promoter Group | 10,620 | 0.01 |
| Suman Kant Munjal (As Karta of HUF) | Promoter | 10,833 | 0.01 |
| Pawan Munjal (As Karta of HUF) | Promoter | 32,500 | 0.02 |
| Hero Fincorp Limited | Promoter Group | 1,370 | 0.00 |
| RK Munjal & Sons Trust | Promoter | 8,000 | 0.00 |
| Ujjwal Munjal | Promoter Group | 1,000 | 0.00 |
| Akshay Munjal | Promoter Group | 1,000 | 0.00 |
| Vidur Munjal | Promoter Group | 1,000 | 0.00 |
| Total | 69,488,181 | 34.73 |
The total number of shares issued by Hero MotoCorp Limited is recorded as 200,089,777. The declaration was signed by Renu Munjal, Partner of Brijmohan Lal Om Parkash, Partnership Firm, on April 06, 2026.
Historical Stock Returns for Hero Motocorp
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.10% | +3.40% | -0.85% | -13.67% | +14.88% | +72.32% |
Will the unencumbered status of promoter holdings encourage Hero MotoCorp to increase dividend payouts or pursue aggressive share buybacks?
Does the clean shareholding structure signal confidence in the company's cash flow to fund its transition toward electric vehicles without needing external capital?
Could this financial stability position Hero MotoCorp as an attractive acquirer for smaller EV startups or technology firms?
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