Hero MotoCorp celebrated the 10th anniversary of Hero MotoSports Team Rally at its Centre for Innovation and Technology (CIT) in Jaipur, marking a decade of global rally racing excellence. The company announced a strategic extension of its partnership with Amaury Sport Organization (ASO) for 5 years to secure long-term collaboration in the Dakar Rally and FIM World Rally-Raid Championship. Additionally, the company launched the 'India's Next Dakar Hero' (INDH) program to discover and develop the next generation of Indian rally-raid talent, and inducted 18-year-old racer Shlok Ghorpade into the team.

The event was attended by key racing figures, including 2024 FIM World Rally-Raid Champion Ross Branch, alongside team architects Wolfgang Fischer and Jordi Grau. Dr. Pawan Munjal, Executive Chairman of Hero MotoCorp , emphasized that the renewed partnership with ASO strengthens the company's commitment to global rally racing. He stated that the INDH program reflects a belief in India's untapped motorsports talent, aiming to build a sustainable pathway for homegrown riders to excel internationally.

Strategic Initiatives for the Next Decade

The extension with ASO signifies a shared commitment to advancing rally-raid racing globally. The INDH program focuses on identifying and training young off-road talent through a structured two-to-three-year development curriculum. This initiative builds on the team's existing ecosystem, following Arun Thayappa's international debut at the Cierzo Rally in Spain in September 2025 aboard the Hero 450 Rally prototype.

New Talent Induction

As part of its talent development strategy, Hero MotoSports signed Shlok Ghorpade, a national Supercross champion from Satara, Maharashtra. Ghorpade has begun training with Ross Branch and core team riders. He is scheduled to participate in an intensive race simulation program in Morocco, designed as a dedicated pathway towards the Dakar Rally.

Key Announcements Overview

Established in 2016, Hero MotoSports Team Rally was founded to test technology on tough terrains and elevate India's presence in international motorsport. The team has achieved multiple podium finishes in events like the Dakar Rally.

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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.

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.