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Hero MotoCorp completes acquisition of 34.10% stake in Euler Motors
May-09-2025

Hero MotoCorp has completed the acquisition of 10 numbers of equity shares and 6,65,914 numbers of Series D Cumulative Compulsorily Convertible Preference Shares, collectively representing 34.10% (on a fully diluted basis), for an aggregate consideration of Rs 510 crore in Euler Motors. Consequent to the aforesaid acquisition, Euler Motors has become an associate company of Hero MotoCorp.

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


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