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(05/10/2026 13:22)

Hero Motors - Clarification On Price Movement

We refer to your email dated Oct 1, 2026 seeking clarification on the movement in the price of the Company's securities. The Company has disclosed all material information required under the applicable regulations and is not aware of any undisclosed price sensitive information that may have a bearing on the price or volume of its securities. The movement in the Company's share price appears to be market-driven and consistent with trading activity generally observed in newly listed entities.
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