Hyundai Motor India Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
HYUNDAI · price
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Hyundai Motor India Limited has announced the results of its postal ballot conducted via remote e-voting from March 3 to April 1, 2026. Four ordinary resolutions were put to shareholders, and all were passed with overwhelming majority support exceeding 97%. The resolutions included: (1) appointment of Mr. Dong Huwy Park as Whole-time Director (Non-Independent, Executive Director) with 99.56% votes in favor; and (2-4) approval of material related party transactions with Mobis India Limited, Kia India Private Limited, and Hyundai Motor Company (HMC), each receiving approximately 97.9% support. The scrutinizer BP & Associates confirmed all resolutions were passed with requisite majority.
Shareholders have approved the appointment of a new executive director and cleared material related party transactions with group entities Mobis, Kia, and HMC. This ensures continuity in governance and allows ongoing business dealings with key affiliates to continue without regulatory hurdles.