Hero MotoCorp Limited has made regulatory disclosures regarding dividend payments that were withheld due to non-compliance with SEBI KYC requirements and incorrect bank account details, following amended regulations that mandate electronic-only dividend payments.

Latest Disclosure on KYC Non-Compliance

The company filed a disclosure on March 17, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the withholding of interim dividend for FY 2025-26. This disclosure relates to SEBI circulars dated March 16, 2023 (superseded by Master Circular dated June 23, 2025) that mandate KYC compliance for dividend payments.

KYC Requirements for Physical Shareholders

SEBI, through its circular dated November 3, 2021 (subsequently amended by multiple circulars), mandated that security holders holding securities in physical form must update their KYC details to be eligible for any payment including dividend. The required KYC details include PAN, contact details, mobile number, bank account details, and signature.

Shareholders whose folios are not updated with complete KYC details will have their dividend payments withheld. The payment will be made through electronic mode only with effect from April 1, 2024.

Required Documentation for KYC Update

Affected shareholders must submit the following documents to the Company's Registrar and Transfer Agent:

• Form ISR-1: Along with self-attested supporting documents for KYC details updation
• Form ISR-2: For banker attestation of signature with original cancelled cheque or bank statement
• Form SH-13 or ISR-3: For nomination updation or opt-out of nomination

Electronic Payment Mandate and Bank Details

The company has also addressed issues with incomplete bank details for dematerialized shareholders. Following amendments in SEBI regulations effective from November 19, 2025, dividend payments through 'payable-at-par' warrants or cheques have been discontinued, making electronic payments mandatory.

Shareholders with incomplete or missing bank details registered with Depositories must immediately update their valid bank account details (including IFSC and MICR) with their Depository Participant.

Resolution Process

The company has outlined specific resolution steps:

• Physical shares: Submit required KYC forms to KFin Technologies Limited
• Dematerialized shares: Update bank details with Depository Participant
• Contact RTA: Inform KFin Technologies Limited after updating details

The RTA contact details are KFin Technologies Limited, Unit: Hero MotoCorp Limited, Selenium Tower B, Plot 31-32, Financial District, Nanakramguda, Serilingampally, Rangareddy, Telangana, Hyderabad – 500032, with email contact at einward.ris@kfintech.com .

Company Secretary & Compliance Officer Prabhat Singh signed both disclosures digitally, emphasizing the company's commitment to regulatory compliance while ensuring shareholders receive their due dividends upon completing the required formalities.

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:

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.