HMIL board clears Q1 results, dividend date and CMO change
HYUNDAI · price
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On the reaction day the stock moved 6.3 pts more than Nifty 100 and 5.8 pts more than its Passenger Cars & Utility Vehicles peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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HMIL board approved unaudited Q1 FY27 results for quarter ended June 30, 2026 and set August 5, 2026 as record date for Rs.21 per share final dividend. Cost Auditor Geeyes and Co was re-appointed for FY27. Whole-time Director and Chief Manufacturing Officer Mr. Gopalakrishnan CS will superannuate on August 31, 2026, to be replaced by Mr. Mukundan MS from September 1, 2026. Mr. Young Geon Kim joins as Senior Management Personnel from August 1, 2026. AGM scheduled for August 26, 2026.
Orderly leadership transition at manufacturing; Q1 results and Rs.21 per share dividend are positives for shareholders.