HERO MOTOCORP LTD. - Outcome of Board Meeting

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07 May 2015
Hero MotoCorp Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 07, 2015, inter alia, has considered and approved setting up of an operating wholly owned subsidiary ("WOS") in United States of America for conducting the business of, amongst others, providing research, development and consulting services, distribution, marketing and promotion of two wheeler vehicles, and any other ancillary activities. This could also entail purchase of assets for establishing the business. The Board has also approved the initial investment of up to Rs. 35 crores (Rupees thirty five crores Only) in the aforesaid WOS.
View all announcements for HERO MOTOCORP LTD.	Source: BSE India

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