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HeroMotoCorp receives family settlement deal from promoter group, Sunil Kant Munjal resigns as joint MD

Hero MotoCorp shares family settlement pact with exchanges; Sunil Munjal out of top management

The family settlement is dated July 2016, according to which Sunil Kant Munjal had stepped down as the joint MD and exited control of the company.

Hero MotoCorp announces family settlement: Sunil Munjal to exit from firm s top management

Sunil Kant Munjal exits from Hero MotoCorp s Management - The Hindu BusinessLine

Sunil Kant Munjal exits from Hero MotoCorp s Management - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Sunil Munjal to quit Hero MotoCorp as Joint MD, part of family settlement deal, ET Auto

In accordance with a disclosure made to the stock exchange, Hero MotoCorp detailed the reception of a family settlement agreement from the company s promoters. This agreement dictates that management and control of the publicly listed entity will be assumed by the family group consisting of Santosh Munjal, Renu Munjal, Suman Kant Munjal, and Pawan Munjal.

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