Honda India Power Products Limited has informed the Exchange about General Updates
HONDAPOWER · price
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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.
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.