HERO MOTOCORP LTD. - Board recommends Final Dividend

Hero MotoCorp Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 05, 2016, inter alia, have taken the following decisions:<BR><BR>1. Recommendation of final dividend @ 1600% i.e. Rs. 32/- per equity share of Rs. 2/- each for the financial year ended March 31, 2016 was considered and approved.<BR><BR>2. Mr. Paul B. Edgerley, Non-Executive Director of the Company has been appointed as an Independent Director w.e.f. May 5, 2016, subject to approval of the members of the Company.