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The country’s largest two-wheeler maker, Hero Honda’s promoter, Hero Investments Private Ltd, had raised Rs 900 crore by pledging shares to Axis Trustee Services Ltd (ATSL).ATSL acted as debenture trustee for non-convertible debentures aggregating to Rs 900 crore raised by Hero Investments Private Ltd (HIPL). To secure the raising, the shares of Hero Honda Motors were pledged by HIPL.  After the pledging of 0.59 per cent stake by HIPL, ATSL’s holding in Hero Honda will increase to 5.4 per cent from 4.8 per cent.

Last week, HIPL had pledged 5.32 per cent stake in Hero Honda with IL&FS Trust Company Ltd raising an estimated Rs 1,585 crore. HIPL is one of the main shareholders of Hero Honda, holding 17.3 per cent stake in the company as on December 31, 2010.crackcrack

Hero MotoCorp Share Price

5229.25 68.40 (1.33%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Bajaj Auto 9777.15
Hero MotoCorp 5229.25
TVS Motor 3743.60
Eicher Motors 7189.40
Ather Energy 850.65
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About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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