Officials from India's financial crime fighting agency visited two offices of Hero MotoCorp and its chairman's residence, the two-wheeler maker said in a statement on Tuesday.

The company in an exchange filing said officials from the Enforcement Directorate visited its offices in Delhi and Gurugram as well as the residence of Chairman Pawan Munjal.

Also read |<a href="https://www.wionews.com/trending/employee-sneakily-puts-unemployed-wife-on-payroll-for-over-a-decade-defrauds-company-of-crores-621139">&nbsp;Indian man sneakily puts unemployed wife on payroll for over a decade, defrauds company of millions</a>

The Enforcement Directorate took cognisance of a Directorate of Revenue Intelligence (DRI) case and a Prevention of Money Laundering Act that case has been registered against Munjal, CNBC-TV18 reported, citing sources.

The news comes on the heels of an investigation ordered by the Ministry of Corporate Affairs in June to assess Hero&nbsp;MotoCorp's relationship with a third-party vendor in a case related to alleged diversion of funds.

Hero&nbsp;MotoCorp, India's largest manufacturer of motorcycles, and the Enforcement Directorate did not immediately respond to Reuters' request for comment.

The company was under the scrutiny of India's income tax authorities last year, which it had termed a "routine inquiry."

Also read |&nbsp;<a href="https://www.wionews.com/business-economy/firms-can-now-list-directly-on-ifsc-exchanges-to-access-global-capital-620913">Firms can now list directly on IFSC exchanges to access global&nbsp;capital</a>

Shares of the company closed lower at 3.2 per cent&nbsp;on Tuesday.

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Officials from India's financial crime fighting agency visited two offices of Hero MotoCorp and its chairman's residence, the two-wheeler maker said in a statement on Tuesday.

Officials from India's financial crime fighting agency visited two offices of Hero MotoCorp and its chairman's residence, the two-wheeler maker said in a statement on Tuesday. The company in an exchange filing said officials from the Enforcement Directorate visited its offices in Delhi and Gurugram as well as the residence of Chairman Pawan Munjal. Also read | Indian man sneakily puts unemployed wife on payroll for over a decade, defrauds company of millions The Enforcement Directorate took cognisance of a Directorate of Revenue Intelligence (DRI) case and a Prevention of Money Laundering Act that case has been registered against Munjal, CNBC-TV18 reported, citing sources. The news comes on the heels of an investigation ordered by the Ministry of Corporate Affairs in June to assess Hero MotoCorp's relationship with a third-party vendor in a case related to alleged diversion of funds. Hero MotoCorp, India's largest manufacturer of motorcycles, and the Enforcement Directorate did not immediately respond to Reuters' request for comment. The company was under the scrutiny of India's income tax authorities last year, which it had termed a "routine inquiry." Also read | Firms can now list directly on IFSC exchanges to access global capital Shares of the company closed lower at 3.2 per cent on Tuesday. WATCH WION LIVE HERE:

Enforcement agency visits Hero MotoCorp offices amidst a money laundering case

Hero MotoCorp unveiled its new Xtreme 200R motorcycle on Tuesday, which will go on sale in April.

The price of the bike has not been announced yet, reports say it will be announced at the same the bike goes on sale, however it is expected to be under Rs 90,000.

Hero MotoCorp will also be showing off this bike in the upcoming largest motor show, auto expo 2018.

Xtreme 200R features 200cc air cooled&nbsp;engine which is carburetted, it produces 18.4 PS of peak power at 8,000 rpm and 17.1 Nm of peak torque at 6,500 rpm.

The engine is also paired with 5-speed manual gearbox.

The new bike has been designed and developed in-house by Hero MotoCorp.

The report says that performance wise the bike can go from 0 to 60 kph in 4.6 seconds.

Aimed at affordable range Xtreme 200R is quite similar to the Xtreme 200S design wise.

It will be competing with the Bajaj Pulsar 200 NS and TVS Apache RTR 200 
&nbsp;

The price of the bike has not been announced yet, reports say it will be announced at the same the bike goes on sale, however it is expected to be under 90,000

Hero MotoCorp unveiled its new Xtreme 200R motorcycle on Tuesday, which will go on sale in April. The price of the bike has not been announced yet, reports say it will be announced at the same the bike goes on sale, however it is expected to be under Rs 90,000. Hero MotoCorp will also be showing off this bike in the upcoming largest motor show, auto expo 2018. Xtreme 200R features 200cc air cooled engine which is carburetted, it produces 18.4 PS of peak power at 8,000 rpm and 17.1 Nm of peak torque at 6,500 rpm. The engine is also paired with 5-speed manual gearbox. The new bike has been designed and developed in-house by Hero MotoCorp. The report says that performance wise the bike can go from 0 to 60 kph in 4.6 seconds. Aimed at affordable range Xtreme 200R is quite similar to the Xtreme 200S design wise. It will be competing with the Bajaj Pulsar 200 NS and TVS Apache RTR 200

Hero MotoCorp unveils all-new Xtreme 200R

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