Honda India Power Products shareholders approved a final dividend of ₹23 per equity share for FY26 and the appointment of Sameer Jain as Whole Time Director at its 41st Annual General Meeting on August 26, 2026.

The meeting, chaired by CMD Shigeki Iwama, also ratified related-party transactions with Honda Motor Co. Ltd. and American Honda Motor Co. Inc. The audited financial statements for the year ended March 31, 2026, were adopted without qualification.

Key Resolutions

The AGM transacted both ordinary and special business items. Shareholders approved the re-appointment of Mr. Akihiro Sakurai, who retired by rotation. The remuneration of cost auditors M/s Rakesh Singh & Co. was ratified.

Leadership Changes

Sameer Jain’s appointment as Whole Time Director was approved for a five-year term commencing September 1, 2026. This follows the board’s initial approval on August 26, 2026. Jain brings nearly three decades of experience in business planning and treasury operations.

Meeting Details

The AGM was conducted via Video Conferencing/Other Audio-Visual Means (VC/OAVM). Seventy-one members attended the meeting. Ms. Saryu Munjal served as the scrutinizer for the e-voting process. The auditors’ report and secretarial audit report for FY26 were free from qualifications.

honda india power products has accepted the retirement of Ms. Shankaran Radhika, General Manager - Finance & Accounts, from its Senior Management Personnel (SMP) cadre. Ms. Radhika’s tenure with the company concludes at the close of business on July 31, 2026, and she will cease to be an SMP effective August 01, 2026. This leadership change in the finance function marks the end of her service with the Greater Noida-based manufacturer.

The disclosure was filed with the Bombay Stock Exchange and the National Stock Exchange of India Limited in accordance with Regulation 30 and Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015. The filing also references SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Sunita Ganjoo, Company Secretary and Compliance Officer, signed the communication on behalf of the company.

Key Details of Retirement

The following details were provided in Annexure-I of the regulatory filing:

Ms. Radhika will cease to be a Senior Management Personnel due to her retirement from the services of the company. The filing confirms that there are no details of violations or contraventions committed or alleged against her. Additionally, no disclosure of relationships between directors is applicable in this context, as this pertains to the cessation of an SMP rather than the appointment of a director.

Regulatory Compliance

The company submitted the requisite information to the Corporate Relationship Department of BSE Limited and the Listing Department of NSE Limited. The scrip codes for Honda India Power Products Limited are HONDAPOWER on NSE and 522064 on BSE. The filing ensures transparency regarding changes in senior management, allowing investors and stakeholders to be aware of the departure of key personnel responsible for finance and accounts.