PLEASE READ THIS NOTICE CAREFULLY. IT APPLIES TO ALL PERSONS WHO VIEW THIS
WEBSITE. THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY
PERSONS LOCATED OUTSIDE INDIA. THESE MATERIALS ARE BEING MADE AVAILABLE ON
THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF
CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED. VIEWING
THIS INFORMATION MAY NOT BE LAWFUL IN CERTAIN JURISDICTIONS.
YOU SHOULD READ IT IN FULL EACH TIME YOU VISIT THE WEBSITE. BY ACCESSING THIS
INFORMATION ON THIS WEBSITE, YOU AGREE TO THE TERMS AND CONDITIONS BELOW,
INCLUDING ANY MODIFICATIONS THAT MAY BE MADE TO THEM FROM TIME TO TIME
THE DRAFT RED HERRING PROSPECTUS HAS BEEN MADE AVAILABLE ON OUR WEBSITE TO
COMPLY WITH THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND
DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED.
IMPORTANT:You must read and agree with the terms and conditions of the
following disclaimer before
continuing.
The following disclaimer applies to the draft red herring prospectus of Hero Motors Limited
(the “Company”)
dated August 23, 2024 (the “ Draft Red Herring Prospectus”)
filed with the Securities and Exchange Board of
India (“SEBI”) and hosted on this website in connection with
the initial public offering of the equity shares
(“Equity Shares”) of the Company (the
“Offer”).
Access to the Draft Red Herring Prospectus does not constitute a recommendation by the
Company, themembers
of the Syndicate (as defined in the Draft Red Herring Prospectus) or any of their respective
affiliates or any other
person to subscribe to the Equity Shares offered in the Offer.
The Draft Red Herring Prospectus is directed at, and is intended for distribution to, and use
by, residents of India
only. Residents of countries other than India are not authorized to view or use the
information in this portion of our
website. The information in this portion of our website, including the Draft Red Herring
Prospectus, is not for
publication or distribution, directly or indirectly, in or into the United States. The
contents of the Draft Red Herring
Prospectus is for your information only, and you acknowledge that access to the Draft Red
Herring Prospectus is
intended for use by you only and you agree not to forward the Draft Red Herring Prospectus
on to any other
person, internal or external to your company, in whole or in part, or otherwise provide
access via e-mail or
otherwise to any person. No part of the contents of the Draft Red Herring Prospectus shall
be copied or duplicated
in any form by any means or redistributed.
The Draft Red Herring Prospectus has been hosted on this website as prescribed under
Regulation 26(1) of the
Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements)
Regulations, 2018, as
amended. Our Company has taken all necessary steps to ensure that the contents of the Draft
Red Herring
Prospectus as appearing on this website are identical to the Draft Red Herring Prospectus
filed with the SEBI.
You are reminded that documents transmitted in electronic form may be altered or changed
during the process of
transmission and consequently, neither the Company nor any of its affiliates accepts any
liability or responsibility
whatsoever in respect of alterations or changes which have taken place during the course of
transmission of
electronic data.
The Draft Red Herring Prospectus does not constitute an offer to sell or an invitation to
subscribe to the securities
offered in any jurisdiction to any person to whom it is unlawful to make an offer or
invitation in such jurisdiction
and is not intended for distribution to, or use by, any person or entity in any jurisdiction
or country where (a)
distribution or use of such information would be contrary to law or regulation; or (b) the
Company or any of its
affiliates would by virtue of such distribution become subject to new or additional
registration, licensing or other
regulatory requirements. The Equity Shares offered in the Offer have not been and will not
be registered under
the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”) or any
state securities laws in the United
States, and unless so registered may not be offered or sold within the United States, except
pursuant to an
exemption from, or in a transaction not subject to, the registration requirements of the
U.S. Securities Act and
applicable state securities laws. Accordingly, such Equity Shares are being offered and sold
(i) outside the United
States in offshore transactions in reliance on Regulation S under the U.S. Securities Act and
the applicable laws
of the jurisdiction where those offers and sales occur; and (ii) within the United States to
“qualified institutional
buyers” (as defined in Rule 144A under the U.S. Securities Act), pursuant to the
private placement exemption set
out in Section 4(a) of the U.S. Securities Act.
Any person into whose possession the Draft Red Herring Prospectus comes is required to inform
himself or herself
about and to observe any such restrictions. Neither the Company nor any of its affiliates is
soliciting any action
based on the Draft Red Herring Prospectus, and it should not be construed as an offer to
sell or the solicitation of
an offer to buy any securities. Potential investors should not rely on the Draft Red Herring
Prospectus for any
investment decision.
Any decision on whether to invest in the equity shares described in the Draft Red Herring
Prospectus may only
be made after a red herring prospectus has been filed with the Registrar of Companies,
Punjab and Chandigarh at
Chandigarh and the SEBI and must be made solely on the basis of such red herring prospectus,
as there may be
material changes in the red herring prospectus compared to the Draft Red Herring Prospectus.
Invitations to
subscribe to or purchase the equity shares in the Offer will be made only pursuant to the
red herring prospectus if
the recipient is in India or the preliminary offering memorandum for the Offer, which
comprises the red herring
prospectus and the preliminary international wrap for the Offer, if the recipient is outside
India. No person outside
India is eligible to Bid for equity shares in the Offer unless that person has received the
preliminary offering
memorandum for the Offer, which shall contain the selling restrictions for the Offer outside
India.
Any potential investor should note that investment in equity shares involves a high degree of
risk and for details
relating to such risk, please see the section titled “Risk Factors” of the red
herring prospectus, when available.
Neither the Company nor any of its affiliates will be responsible for any loss or damage that
could result from
interception and interpretation by any third parties of any information being made available
to you through this
website. The Company and its affiliates cannot and do not guarantee the accuracy, timeliness
or completeness of
the information being made available to you in the Draft Red Herring Prospectus beyond the
date of the Draft Red
Herring Prospectus. The information contained in the Draft Red Herring Prospectus may not be
updated since its
original publication date and may not reflect the latest updates. The Company and its
affiliates will not be
responsible for any loss to any person or entity caused by any shortcoming, defect or
inaccuracy which may have
inadvertently or otherwise crept into the website. Neither the Company, any of its
affiliates nor their directors,
officers and employees will be liable or have any responsibility of any kind for any loss or
damage that you incur
in the event of any failure or disruption of this website, or resulting from the act or
omission of any other party
involved in making this website or the data contained therein available to you, or from any
other cause relating to
your access to, inability to access, or use of the website or these materials.
If you are not permitted to view the materials on this website or are in any doubt as to
whether you are permitted
to view these materials, please exit this webpage.