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Hero MotoCorp Grants RSUs and PRSUs to Employees

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Hero MotoCorp Grants RSUs and PRSUs to Employees

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Hero Motocorp Limited ( (IN:HEROMOTOCO) ) just unveiled an update.

Hero MotoCorp Limited has announced the approval of 58,500 Restricted Stock Units (RSUs) and 70,000 Performance Restricted Stock Units (PRSUs) for eligible employees, as decided by its Nomination and Remuneration Committee. These stock units, convertible into equity shares, are part of the company’s employee incentive scheme and are expected to enhance employee engagement and retention, aligning with SEBI regulations.

More about Hero Motocorp Limited

Hero MotoCorp Limited is a leading company in the automotive industry, primarily focused on manufacturing and selling motorcycles and scooters. The company has a significant market presence in India and is known for its wide range of two-wheeler products.

Average Trading Volume: 22,003

Current Market Cap: 850.6B INR

For a thorough assessment of HEROMOTOCO stock, go to TipRanks’ Stock Analysis page.

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