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Hero MotoCorp approves proposal of amalgamation

02 Jun 2012 Evaluate
Hero MotoCorp has informed that a meeting of the board of directors of the company will be held on June 04, 2012, to consider and approve the proposal of amalgamation of HIPL with HMCL, subject to the scheme of amalgamation, the valuation report, the fairness opinion and other matters incidental and connected to the proposal.

The above information is part of company’s filing submitted to the BSE.

Peers
Company Name CMP
Bajaj Auto 10417.00
TVS Motor Company 4093.00
Hero MotoCorp 5230.00
Eicher Motors 7280.00
OLA Electric Mobilit 35.01
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