Pursuant to provision of Regulation 30 of SEBI (LODR) Regulations, 2015, Please find attached disclosures with respect to resignation of director in line with the corporate announcement ....
HONDAPOWER · price
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Honda India Power Products filed additional details with BSE on April 30, 2025 regarding the resignation of director Ms. Kaori Osakada, which was originally disclosed on February 10, 2025. BSE had flagged a discrepancy in that earlier filing for missing certain SEBI-mandated disclosures. Ms. Osakada is stepping down because she is being transferred to Honda Canada effective February 11, 2025, as part of an internal Honda group reassignment. The company acknowledged it inadvertently missed complying with an SEBI circular dated November 11, 2024, and has apologized for the oversight, assuring stricter compliance going forward.
This is a routine director exit due to internal Honda group rotation, not linked to any company-level issues, so there is no material business impact. However, the compliance lapse flagged by BSE is a minor governance red flag that investors may want to monitor, though the company has since corrected the disclosure.