Hero MotoCorp denies any investment made in Blu Smart Mobility

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Over the past few days, Hero MotoCorp Ltd. has noticed a few reports in news media, stating “Hero MotoCorp has participated in fundraising for an e-mobility Startup Blu Smart Mobility”.

Hero MotoCorp Ltd. strongly denies any such participation and / or any investment made in Blu Smart Mobility. Further, it is clarified that Hero MotoCorp neither released any media report related to Blu Smart Mobility nor was consulted for the same by any agency or person.

Hero MotoCorp Ltd. reserves its right to initiate appropriate legal action against any entity/agency that indulges in spreading false information about the Company.