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Hero MotoCorp gets nod to invest up to Rs 300 crore in HMCL Netherlands B.V

29 Oct 2026 Evaluate

Hero MotoCorp has secured approval to make an additional investment of up to Rs 300 crore in its wholly-owned subsidiary -- HMCL Netherlands B.V (HNBV). The proposed additional investment is for the subsidiary companies of HNBV -- HMCL Colombia S.A.S. and Hero MotoCorp Do Brasil. The investment to be made over coming 2 years in one or more tranches. The board of directors of the company, at its meeting held on October 28, 2026, has approved the same.

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

Peers
Company Name CMP
Bajaj Auto 10350.00
TVS Motor Company 4200.00
Hero MotoCorp 5152.40
Eicher Motors 7210.00
OLA Electric Mobilit 33.16
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