BNP Paribas buys ₹1,035 crore stake in Hero MotoCorp amid major Indian corporate deals

A billion-dollar bet on Hero MotoCorp and Mahindra's strategic exit reveal India's shifting corporate landscape. Regulatory crackdowns add to the high-stakes drama.

, and Administrator

2026 March 27 . 1:11 PM

2 min read

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BNP Paribas buys ₹1,035 crore stake in Hero MotoCorp amid major Indian corporate deals

Major financial moves have taken place across Indian companies in recent days. BNP Paribas acquired a near-1% stake in Hero MotoCorp for over ₹1,000 crore, while Mahindra & Mahindra sold its entire holding in a Finnish subsidiary. Regulatory actions and funding deals have also made headlines, affecting firms from power financing to retail debt issuance. BNP Paribas purchased 19.52 lakh equity shares in Hero MotoCorp, amounting to a 0.97% stake. The deal was valued at approximately ₹1,035.16 crore, with shares bought at an average price of ₹5,302.91 each. No further details on the transaction's timing or subsequent stock performance were disclosed, though Hero MotoCorp's shares traded at around ₹5,204 on March 13, 2026, closing 3.54% lower that day.

Mahindra & Mahindra finalised the sale of its entire stake in Finnish firm Sampo Rosenlew Oy. The transaction, worth €5 million, marks the company's exit from the subsidiary.

Elsewhere, regulatory scrutiny intensified. SEBI imposed a two-year market ban on Man Industries and three of its senior executives over alleged fund diversion. Meanwhile, Ennore Coal Terminal Pvt Ltd received a show-cause notice from GST authorities for suspected tax violations totalling ₹96.58 crore.

Funding activity also saw notable developments. IRFC secured loan agreements worth ₹16,489 crore to support supercritical thermal power projects in Haryana and Maharashtra. Avenue Supermarts Ltd raised ₹100 crore through short-term commercial paper, carrying a 6% coupon rate, with plans to list the debt on the BSE. Additionally, Motilal Oswal Mutual Fund acquired Bharat Forge shares valued at nearly ₹378 crore in an open market transaction. The transactions and regulatory actions highlight significant capital movements and compliance challenges in India's corporate sector. BNP Paribas's investment in Hero MotoCorp and Mahindra's divestment reflect strategic portfolio adjustments, while funding deals and enforcement measures underscore ongoing financial and regulatory activity.