HONDAPOWERNSEHonda India Power Products Limited· Electrical EquipmentLowNeutral
Announced Fri, 1 May · 15:31 IST

Honda India Power Products Limited has informed the Exchange about General Updates

Board & Shareholder Meetings View source PDF

HONDAPOWER · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.6%1-day move
₹2324.80
prior close
₹2309.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.1+1.0+1.3+0.8-0.6-0.6-0.4-1.5-1.8-5.7-3.1+0.2-6.5
Up moveDown movePending
AI summary

Honda India Power Products Limited has disclosed the results of a postal ballot conducted via remote e-voting from April 1-30, 2026. Two ordinary resolutions were passed with overwhelming shareholder approval. Resolution 1 approved the re-appointment and remuneration of Mr. Shigeki Iwama as CMD and President & CEO with 99.84% votes in favor (86,84,773 out of 86,98,400 votes). Resolution 2 approved remuneration for Whole Time Director Mr. Vinay Mittal with 99.97% votes in favor (86,95,503 votes). The scrutinizer report was issued by Saryu Munjal & Associates, Company Secretaries, confirming both resolutions passed with the requisite majority.

Likely market impact

Both executive compensation proposals received near-unanimous shareholder approval, indicating strong investor confidence in the company's leadership. This is a routine governance matter with no adverse signals for shareholders.