Hero MotoCorp Schedules Investor Group Meeting and Plant Visit for March 19, 2026

1 min read     Updated on 16 Mar 2026, 03:22 PM
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Reviewed by
Radhika SScanX News Team
Overview

Hero MotoCorp Limited has scheduled an investor group meeting and plant visit for March 19, 2026, in Gurgaon, organized by Elara Securities. The announcement was made through regulatory filing on March 16, 2026, in compliance with SEBI listing regulations. The meeting schedule remains subject to change due to business exigencies, and the disclosure was signed by Company Secretary Prabhat Singh.

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*this image is generated using AI for illustrative purposes only.

Hero MotoCorp Limited has announced an investor group meeting and plant visit scheduled for March 19, 2026, in Gurgaon. The event is being organized by Elara Securities as part of the company's ongoing investor engagement initiatives.

Regulatory Disclosure Details

The announcement was made through a regulatory filing dated March 16, 2026, submitted to both the National Stock Exchange of India Limited and BSE Limited. The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Specifications

The scheduled investor engagement includes the following details:

Parameter: Details
Event Type: Group Meeting & Plant Visit
Organizer: Elara Securities
Date: March 19, 2026
Venue: Gurgaon
Meeting Nature: Investor Group

Important Considerations

Hero MotoCorp has noted that the meeting schedule remains subject to change due to business exigencies or other circumstances. This standard disclaimer ensures flexibility in case operational requirements necessitate rescheduling.

Regulatory Compliance

The filing was digitally signed by Prabhat Singh, Company Secretary & Compliance Officer, on March 16, 2026. Such investor meetings are part of regular corporate governance practices and help maintain transparency with the investment community. The company has requested both stock exchanges to take note of the scheduled meeting for their records.

Historical Stock Returns for Hero Motocorp

1 Day5 Days1 Month6 Months1 Year5 Years
+1.73%-4.62%-2.32%+1.82%+55.95%+70.74%

Hero MotoCorp Tax Demand Reduced from ₹177.96 Crore to ₹27 Crore Following CIT Appeals

1 min read     Updated on 12 Mar 2026, 03:38 PM
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Reviewed by
Riya DScanX News Team
Overview

Hero MotoCorp has achieved a significant victory in its tax proceedings with the Commissioner of Income Tax (Appeals) reducing the company's tax demand by 85% from ₹177.96 crore to ₹27 crore. The favorable orders cover multiple assessment years from 2013-14 to 2017-18 and 2019-20, providing substantial financial relief of ₹150.96 crore to the two-wheeler manufacturer.

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*this image is generated using AI for illustrative purposes only.

Hero MotoCorp has received favorable appeal orders from the Commissioner of Income Tax (Appeals) - 29, resulting in a substantial reduction of tax demand from ₹177.96 crore to ₹27 crore. The company disclosed this development under Regulation 30 of SEBI Listing Regulations through official communication to stock exchanges.

Appeal Orders and Assessment Years

The company received appeal orders dated March 09, 2026 and March 10, 2026 from CIT(A) - 29 on March 11, 2026. These orders pertain to reassessment proceedings for assessment years 2013-14 to 2017-18 and 2019-20, where Hero MotoCorp had previously filed appeals against the original reassessment orders.

Parameter: Details
Original Tax Demand: ₹177.96 crore
Revised Tax Demand: ₹27 crore
Reduction Amount: ₹150.96 crore
Percentage Reduction: ~85%
Assessment Years Covered: 2013-14 to 2017-18, 2019-20

Regulatory Compliance and Disclosure

The development was communicated to both National Stock Exchange of India Ltd. and BSE Limited through a formal letter signed by Company Secretary & Compliance Officer Prabhat Singh. This disclosure follows the company's previous communications dated April 04, 2024 and May 25, 2024 regarding the same matter, ensuring complete transparency with stakeholders.

Company's Strategic Response

Despite the favorable outcome, Hero MotoCorp has outlined its plan to challenge the remaining ₹27 crore tax demand. The company will file appeals for the balance tax demands before higher appellate authorities and submit applications for refunds and demand reductions where applicable, demonstrating its commitment to comprehensive resolution of all tax-related matters.

Financial Relief and Impact

The ₹150.96 crore reduction represents approximately 85% of the original tax demand, providing significant financial relief to the leading two-wheeler manufacturer. This substantial decrease in tax liability improves the company's financial position and reduces contingent liabilities, potentially enhancing cash flow and operational flexibility.

Historical Stock Returns for Hero Motocorp

1 Day5 Days1 Month6 Months1 Year5 Years
+1.73%-4.62%-2.32%+1.82%+55.95%+70.74%

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1 Year Returns:+55.95%