Hero MotoCorp has received approval from Board of Directors for additional investment of Rs 275 crore (in one or more tranches, through a combination of primary infusion and / or secondary purchase) in Euler Motors. As a global automotive leader, the company is driven by sustainability, innovation and customer centric progress. As the company strengthens and diversifies its emerging mobility portfolio, it intends to enhance its participation in a rapidly growing electric three and four-wheeler market with this additional proposed investment in Euler Motors.
The company has also received approval for investment of upto Rs 3.25 crore in Solar Power Wheeling Project, for the Company’s plant at Haridwar under the Group Captive Mechanism. Further, the company has received approval for investment of upto Rs 4.67 crore in Solar Power Wheeling Project, for the Company’s plant at Neemrana, Global Parts Centre and Centre for Innovation & Technology, Jaipur under the Group Captive Mechanism.
The Board of Directors at its meeting held on February 5, 2026 has, inter-alia, considered and approved the same.
Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters.
