Honda India Power Products Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
HONDAPOWER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Honda India Power Products Limited has disclosed the voting results of its postal ballot conducted through remote e-voting from April 1 to April 30, 2026. Two ordinary resolutions were passed with overwhelming shareholder approval: (1) Re-appointment of Mr. Shigeki Iwama as CMD and President & CEO with remuneration - approved with 99.84% votes in favour (8,684,773 votes) vs 0.16% against (13,627 votes); (2) Payment of remuneration to Mr. Vinay Mittal as Whole Time Director - approved with 99.97% votes in favour (8,695,503 votes) vs 0.03% against (2,897 votes). All 8,698,400 outstanding shares participated in voting (100% turnout). The scrutinizer, Saryu Munjal & Associates, confirmed both resolutions passed with requisite majority.
The approvals reflect strong shareholder confidence in the company's leadership. Management continuity is maintained with both key executives reappointed. The near-unanimous support suggests no governance concerns for retail investors. The stock is unlikely to see any negative reaction from this routine corporate governance matter.