Eicher Motors shareholders approved all seven resolutions at its 44th Annual General Meeting held on August 20, 2026. The key outcome was the declaration of a final dividend of ₹82 per equity share for FY26.

The meeting also ratified the appointment of Vinod Kumar Aggarwal as Executive Vice-Chairman for a period of three years, effective May 21, 2026. Additionally, shareholders approved the re-appointment of Siddhartha Vikram Lal as a director, who retired by rotation.

Voting Results Overview

The scrutinizer, Mr. Vijay Gupta of VKGN & Associates, submitted the consolidated report on August 20, 2026. The promoter group held 13,45,64,944 shares and voted in favour of all resolutions. Public institutional investors showed dissent on specific governance matters.

Key Governance Outcomes

The appointment of Vinod Kumar Aggarwal as Executive Vice-Chairman received strong support. The resolution garnered 98.59% affirmative votes. His remuneration package was also approved with 99.41% support. Both Mr. Aggarwal and Mr. Lal are not debarred from holding office by any regulatory authority and are not related to other directors.

The re-appointment of Siddhartha Vikram Lal saw notable dissent from institutional investors. While the promoter group voted unanimously in favour, public institutions cast 95,04,125 votes against the resolution, representing 9.37% of their polled votes. Despite this, the resolution passed with an overall 96.03% approval rate due to promoter backing.

Financial and Operational Approvals

Shareholders adopted the audited consolidated financial statements for the year ended March 31, 2026. The resolution received near-unanimous support, with only 1,138 votes cast against it across all shareholder categories.

The material related-party transactions between subsidiary VE Commercial Vehicles Limited and Volvo Group India Private Limited were approved. This resolution saw minimal opposition, with 99.99% of votes cast in favour. The cost auditor remuneration of ₹5,00,000 to Jyothis Satish & Co. for FY25-26 was also ratified with overwhelming support.

Eicher Motors launched the Royal Enfield Classic 350 Gorkha Edition in India on August 18, 2026. The new variant is priced at ₹2,10,684 (ex-showroom, New Delhi), with bookings opening immediately. The launch coincides with the introduction of an exclusive apparel collection inspired by the Gorkha Regiment.

The Classic 350 Gorkha Edition is designed to pay tribute to the legacy of the Gorkha Regiment. It features a distinctive Gorkha Green colourway and a bespoke insignia featuring crossed Khukris. The motorcycle retains the signature upright riding posture and refined J-series engine of the standard Classic 350.

Key Features

The Gorkha Edition includes specific enhancements for rider convenience:

• Assist & Slipper Clutch for smoother gear shifts
• Type-C USB Fast Charging port
• Bespoke Gorkha-inspired design elements

Yadvinder Singh Guleria, Chief Commercial Officer at Royal Enfield, stated that every detail stays true to the timeless character of the Classic 350. He noted that the bespoke insignia reflects the values of the regiment.

Lieutenant General Sanjeev Chauhan, President of the Gorkha Brigade, acknowledged the tribute to the spirit and traditions of Gorkha soldiers.

Apparel Collection

Royal Enfield also introduced the Gorkha Collection, an exclusive range of apparel. The collection features dual-certified Jet and Quest helmets, high-ankle distressed leather boots, multi-functional headgear, and curated lifestyle apparel. Design cues are drawn from military uniforms and regimental insignia.

Royal Enfield operates through more than 2100 retail outlets across India and nearly 1200 stores in over 80 countries globally.