Honda India Power Products Limited has officially announced the successful completion of its postal ballot process, with shareholders overwhelmingly approving key leadership appointments and remuneration proposals. The company filed the results with stock exchanges on May 01, 2026, pursuant to Regulation 30 and Regulation 44 of the SEBI Listing Regulations, following the conclusion of remote e-voting on April 30, 2026.

The postal ballot sought shareholder approval for two critical resolutions concerning senior executive appointments. The first resolution addressed the re-appointment and payment of remuneration to Mr. Shigeki Iwama (DIN 10075458) as CMD and President & CEO of the Company. The second resolution pertained to the payment of remuneration to Mr. Vinay Mittal (DIN 05242535), Whole Time Director of the Company.

Voting Process and Timeline

The remote e-voting period was conducted through National Securities Depository Limited (NSDL) as the service provider, commencing on April 01, 2026 at 09:00 AM and concluding on April 30, 2026 at 05:00 PM. The Postal Ballot Notice was dispatched to members on March 30, 2026, with the cut-off date for eligible voters set as March 27, 2026. Ms. Saryu Munjal of Saryu Munjal & Associates, Company Secretaries, served as the appointed Scrutinizer for the process.

Comprehensive Voting Results

The postal ballot witnessed exceptional participation with 100.00% of outstanding shares being polled. The detailed voting breakdown across shareholder categories demonstrates strong support for both resolutions:

Resolution-wise Outcomes

Both resolutions were passed as ordinary resolutions with requisite majority approval. For Resolution 1 regarding Mr. Shigeki Iwama's re-appointment, 124 members representing 86,84,773 shares (99.84%) voted in favor, while 23 members representing 13,627 shares (0.16%) voted against. Resolution 2 concerning Mr. Vinay Mittal's remuneration received stronger support, with 125 members representing 86,95,503 shares (99.97%) voting in favor and 22 members representing 2,897 shares (0.03%) voting against.

Regulatory Compliance and Documentation

The company maintained full compliance with regulatory requirements throughout the postal ballot process. The results were submitted to BSE Limited and National Stock Exchange of India Limited as mandated under SEBI Listing Regulations. The Board of Directors had appointed Ms. Saryu Munjal at its meeting held on February 13, 2026, and she confirmed that all voting procedures were conducted in a fair and transparent manner with electronic data and records maintained under secure custody.

The successful completion of this postal ballot process ensures continuity in the company's leadership structure and governance framework, with both key executive appointments receiving overwhelming shareholder support.

Honda india power products Limited has organized its Annual Supplier Meet on April 17, 2026, marking a significant engagement with its supplier ecosystem. The company disclosed this development under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015.

Event Overview

The Annual Supplier Meet was positioned as a strategic platform serving dual purposes for the organization. The event provided an opportunity to celebrate the company's past milestones while simultaneously allowing leadership to present the roadmap for the year ahead.

Corporate Communication

The disclosure was formally communicated to both major stock exchanges where the company's shares are listed. The communication was addressed to the Corporate Relationship Department of BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai, and the Listing Department of National Stock Exchange of India Limited at Exchange Plaza, Bandra Kurla Complex, Mumbai.

Company Information

Honda India Power Products Limited operates from its head office and works located at Plot No. 5, Sector-41, (Kasna), Greater Noida Industrial Development Area, District Gautam Budh Nagar, Uttar Pradesh. The company maintains its corporate website at www.hondaindiapower.com and can be reached via email at ho.mgt@hspp.com .

Regulatory Compliance

The disclosure was signed by Sunita Ganjoo, Company Secretary and Compliance Officer, demonstrating the company's commitment to maintaining transparency with stakeholders and adhering to regulatory requirements. The digital signature was authenticated on April 17, 2026, at 10:58:54 +05'30', ensuring proper documentation and compliance with disclosure norms.