Honda India Power Products Limited held its 40th Annual General Meeting (AGM) on September 25, 2025, via video conferencing. The meeting, chaired by Mr. Shigeki Iwama, included the participation of all directors and key committee chairpersons.
Key highlights of the meeting included the declaration of a final dividend for the financial year ended March 31, 2025, and the re-appointment of Mr. Shigeki Iwama as a director, who retired by rotation.
The meeting also addressed the adoption of the audited financial statements for the year ended March 31, 2025, along with the reports of the Board of Directors and Auditors. Shareholders raised no objections to the audit report being taken as read, as it contained no qualifications.
Other key decisions included:
- Alteration of the Memorandum of Association of the Company.
- Appointment of M/s. TVA & Co. LLP as Secretarial Auditor of the Company.
- Ratification of remuneration of Cost Auditors.
- Approval of royalty payment to Honda Motor Co. Ltd., Japan for the financial year 2026-27.
- Approval of related party transactions with Honda Motor Co. Ltd., Japan for the financial year 2026-27.
Shareholders were given the opportunity to present queries and seek clarifications regarding the Annual Report for the year 2024-25. Mr. Iwama addressed these queries, providing necessary clarifications.
The results of the remote e-voting and online voting conducted during the meeting will be posted on the Company's website and submitted to the National Securities Depository Limited as well as the stock exchanges (BSE & NSE) for publication.
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