Key Policies
Law provides voting rights to all shareholders proportionate to their holding in the Company. Hero encourages shareholders to exercise their voting rights and actively participate in decision making process.
Menu

Key Policies

A company that believes in maintaining ecological standards along with business standards.

"We must do something for the community from whose land we generate our wealth." - Chairman Dr.Brijmohan Lall Munjal.

At Hero MotoCorp, our goal isn't limited to business but encompasses the broader spectrum of serving humanity through social initiatives. Hero MotoCorp takes a stand as a socially responsible enterprise respectful of its environment.

Hero MotoCorp has been strongly devoted not only to environmental conservation programs but also expresses the increasingly inseparable balance between economic concerns, environmental and social issues faced by business. A business must not grow at the expense of mankind but must serve humankind at large.



Related Party Transactions Policy

Hero MotoCorp Ltd. (hereinafter referred to as HMCL or the company) recognizes that Related Party Transactions can present potential or actual conflicts of interest and may raise questions about whether such transactions are consistent with the Company and its shareholders’ best interests and in compliance to the provisions of the Companies Act, 2013 and Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations).

Environment Policy

We at Hero MotoCorp have been committed to demonstrate excellence in our environmental performance on a continuous basis, as an intrinsic element of our corporate philosophy.

Occupational Health and Safety Policy

Hero MotoCorp is committed to provide safe and healthy working conditions to its employees and other persons who maybe affected by its operations.

Policy for Prohibition, Prevention and Redressal of Sexual Harassment at Workplace

Hero MotoCorp Ltd. (“HMCL” or the “the Company”) is committed to create and maintain a work environment where dignity of employees and privacy is of utmost importance and is respected.

Corporate Social Resposibility policy

The Board of Directors (the "Board") of Hero MotoCorp Limited (the "Company") has adopted the following policy and procedures with regard to Corporate Social Responsibility. The Board may review and amend this policy from time to time subject to the recommendations of Corporate Social Responsibility Committee.

Remuneration and Board Diversity Policy

The purpose of this Policy is to establish principles, parameters and Governance framework of remuneration for Directors, KMPs, Senior Management Personnel and Employees.

Whistle Blower Policy/ Vigil Mechanism

Hero MotoCorp Limited (hereinafter referred to as “HMCL” or “Company” in this document), believes in promoting a fair, transparent, ethical and professional work environment. Towards this end, the Company has adopted the Code of Conduct (hereinafter referred to as “Code”), which lays down the principles and standards that govern the Company and its employees.

Policy for Determination of Materiality for Disclosure of Events or Information

The Policy for determination of materiality for disclosure of events or information (hereinafter referred to as “Policy”) has been formulated pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (hereinafter referred to as “Listing Regulations”) as applicable and amended from time to time.

Preservation of Documents and Archival

The Policy for preservation and archival of documents (hereinafter referred to as "Policy") has been formulated in accordance with Regulation 9 and 30(8) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (hereinafter referred to as "Listing Regulations").

Dividend Distribution Policy

Hero MotoCorp Limited (“the Company”) is in the business of development, manufacturing, marketing, sale and distribution of two-wheelers and its parts since 1984.The Company’s strategyis to build a robust product portfolio of mobility solutions across categories, explore growth opportunities in both domestic market and globally, aggressively expand reach to customers and ensure customer satisfaction. The Company strives to make positive contribution to society it operates in, through its sustainable and green manufacturing initiatives and its active social responsibility programmes.

Policy on Material Subsidiaries

The Board of Directors (the “Board”) of Hero MotoCorp Limited (the "Company") has adopted the following policy and procedures with regard to determination of Material Subsidiaries. The Board may review and amend this policy from time to time.

Code of Conduct of Hero MotoCorp (Employees)

In our pursuit of making Hero MotoCorp Ltd. (HMCL) one of the world's most respected companies, we have set high standards for our individual behavior and the management of our business

Code of Practices and Procedures of Fair Disclosure of Unpublished Price Sensitive Information

This Code of practices and procedures of fair disclosure of unpublished price sensitive information (“Code”) is framed pursuant to Regulation 8(1) of SEBI (Prohibition of Insider Trading) Regulations, 2015 (“Regulations”), as amended from time to time. This Code has been framed with an aim to ensure fair disclosure of unpublished price sensitive information, that Hero MotoCorp Limited (“Company”) would follow in order to adhere to each of the principles set out in Schedule A to the Regulations without diluting the provisions of the Regulations in any manner, by the Company to the Stock Exchanges and disseminate on a continuous and prompt basis.

Risk Management Policy

Progressive organizations need to take new initiatives, which often come along with certain risks.

Quality Policy

Excellence in quality is the core value of Hero MotoCorp philosophy.