Hero MotoCorp has received an approval for investment of Rs 130,00,04,640 through CCDs (Compulsorily Convertible Debentures) in Ather Energy. The investment is subject to execution of definitive documents and completion of certain conditions customary to a transaction of this nature. The board of directors of the company at its meeting held on July 25, 2018, approved the same
Hero MotoCorp is an India-based holding company and a two-wheeler manufacturer. The company is engaged in the manufacturing and selling of motorized two-wheelers, spare parts and related services.