Hero MotoCorp has announced that its board of directors will meet on February 5 to consider and approve the company's third quarter financial results. The scheduled board meeting represents an important milestone in the company's quarterly reporting cycle.

Board Meeting Details

The upcoming board meeting will focus on reviewing and approving the financial performance of the two-wheeler manufacturer for the third quarter period. This announcement follows the company's standard practice of conducting quarterly board meetings to assess financial results and business performance.

Quarterly Reporting Schedule

The February 5 meeting aligns with the company's regular quarterly reporting timeline. Hero MotoCorp's board will evaluate the third quarter financial metrics and operational performance during this session. The meeting outcome will provide stakeholders with insights into the company's recent business developments and financial standing.

Investors and market participants will be closely monitoring the results announcement following the board's deliberations. The third quarter results will offer valuable perspective on Hero MotoCorp's performance in the competitive two-wheeler market segment.

Hero MotoCorp Limited has received a GST demand order of ₹4.97 crore from the Additional Commissioner, Central Goods and Services Tax (CGST), Vadodara, Gujarat. The company informed stock exchanges about this development on January 20, 2026, under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

GST Demand Order Details

The Additional Commissioner issued the order under Section 74 of the Central Goods & Services Tax Act, 2017, and the Gujarat Goods and Services Tax Act, 2017, for the Financial Year 2019-20. The order raises a GST demand of ₹4.97 crore along with an equivalent amount of penalty and applicable interest thereon.

Company's Response and Assessment

Hero MotoCorp has assessed that the tax demand is not maintainable in law under the order. Based on this assessment, the company has decided to take appropriate steps, including filing an appeal against the demand order. The company's Executive Director and Chief Technology Officer, Vikram Kasbekar, signed the regulatory filing submitted to the stock exchanges.

Financial and Operational Impact

According to the company's disclosure, there is no material impact expected on Hero MotoCorp's financials, operations, or other activities. The company maintains that since the tax demand is not legally sustainable, it will not affect the company's business operations or financial performance.

Regulatory Compliance

The company has fulfilled its regulatory obligations by promptly informing both the National Stock Exchange of India Limited and BSE Limited about the GST demand order. This disclosure ensures transparency with shareholders and regulatory authorities regarding potential legal and financial developments that could affect the company.