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Hero MotoCorp acquires additional shares in Euler Motors

02 Apr 2026 Evaluate

Hero MotoCorp has completed the acquisition of 2,68,219 Series E Cumulative Compulsorily Convertible Preference Shares in Euler Motors, an associate company of the company for an aggregate consideration of Rs 210 crore. Post this acquisition, the Company holds 36.67% shares (on a fully diluted basis).

Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters.

Peers
Company Name CMP
Bajaj Auto 11340.00
TVS Motor Company 4160.00
Hero MotoCorp 5353.00
Eicher Motors 7355.00
OLA Electric Mobilit 38.50
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