Hyundai Motor India Limited (HMIL) announced a capital expenditure plan of ₹45,000 million between FY26 and FY30 to expand manufacturing capacity and accelerate electrification, as detailed in its Business Responsibility and Sustainability Report (BRSR) for FY26. The filing, submitted to the National Stock Exchange of India Limited and BSE Limited on August 03, 2026, reveals that the company has achieved 100% renewable energy coverage across its operations and aims to launch 26 new products and variants by FY30.

The report, assured by TÜV SÜD with reasonable assurance on core KPIs, outlines HMIL’s strategy to scale consolidated annual production capacity from 9.94 lakh units to 11.44 lakh units by 2030. This expansion is supported by the operationalization of the Talegaon manufacturing facility in Pune in 2025. The filing also discloses that CSR spending reached ₹896.8 million in FY26, impacting over 2.5 million people across 28 states and 5 Union Territories.

Financial and Operational Highlights

HMIL’s business activities are dominated by the manufacture of passenger cars, which contributed 88.05% of turnover, while the sale of vehicle parts and accessories accounted for 4.92%. Exports constituted 25.25% of total turnover, with vehicles shipped to 72 countries. The company maintains a paid-up capital of ₹8,125,411,000.

Environmental Performance

HMIL achieved RE100 status in FY26, offsetting Scope 2 emissions through Power Purchase Agreements (PPAs), Indian Energy Exchange (IEX) procurement, solar procurement, and International Renewable Energy Certificates (IRECs). Consequently, market-based Scope 2 emissions were zero, although location-based Scope 2 emissions were recorded at 56,049.53 tCO2e. Total Scope 1 emissions stood at 29,670.21 tCO2e.

The company reported total energy consumption from renewable sources at 1,167,485.4 GJ. Energy intensity per rupee of turnover decreased slightly to 0.0000028 GJ/INR from 0.0000029 GJ/INR in FY25. Water consumption was 1,637,972.00 kiloliters, with water intensity per rupee of turnover at 0.000002374 KL/INR.

Workforce and Governance

As of the end of FY26, HMIL employed 4,068 permanent employees, comprising 3,779 males (92.9%) and 289 females (7.1%). The Board of Directors included 25% female representation. The company reported zero fatalities and zero high-consequence work-related injuries. The Lost Time Injury Frequency Rate (LTIFR) for employees was 0.11 per one million-person hours worked.

Grievance mechanisms remain active, with 22,775 customer complaints filed during the year, of which 25 remained pending resolution at year-end. Employee-related grievances totaled 660 filings, with 69 pending. The company confirmed no disciplinary actions were taken against directors or key managerial personnel for bribery or corruption.

What the Numbers Show

The divergence between location-based and market-based Scope 2 emissions highlights HMIL’s aggressive procurement strategy for renewable energy certificates and PPAs. While operational emissions (Scope 1) rose slightly to 29,670.21 tCO2e from 28,275.00 tCO2e in FY25—likely due to the new Pune plant operations—the complete neutralization of market-based Scope 2 emissions demonstrates effective financial hedging against carbon transition risks. Additionally, the significant increase in R&D spend allocated to EV-related technologies (30% of total R&D) signals a strategic pivot toward electric mobility, aligning with the broader ₹45,000 million capex commitment.

Hyundai Motor India Limited has notified the stock exchanges of the convening of its 30th Annual General Meeting (AGM) on Wednesday, August 26, 2026, at 2:00 p.m. IST through Video Conferencing (VC), pursuant to Regulations 30 and 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Notice of the AGM along with the Annual Report for FY 2025-26 has been filed with both BSE Limited and the National Stock Exchange of India Limited.

AGM Agenda: Ordinary and Special Businesses

The meeting will transact the following businesses, covering both ordinary and special resolutions:

Dividend Details and Record Date

The Board of Directors has recommended a final dividend of ₹21/- per fully paid-up equity share of face value ₹10/- each (i.e., 210%) for the financial year ended March 31, 2026, subject to shareholder approval at the AGM. The total expected cash outflow on account of the dividend is ₹17,063.36 million including withholding tax.

Members holding shares in dematerialised form are advised to ensure their Electronic Bank Mandate is updated with their respective Depository Participants on or before August 10, 2026. Members holding shares in physical form are required to furnish KYC details to be eligible to receive the dividend.

Director Appointments

Under special businesses, the company seeks shareholder approval for the appointment of Mr. Mukundan MS (DIN: 11814362) as Whole-time Director (Non-Independent, Executive Director) for a term commencing September 1, 2026 to February 28, 2030. Mr. Mukundan MS is a seasoned manufacturing leader with over 25 years of experience in production and production support, and holds a B.E. (Mechanical) from Bharathiar University and an MBA from the Institute of Chartered Financial Analysts of India University. His remuneration is set at up to ₹4.09 Crore (Rupees Four Crore and Nine Lakhs only) per annum, inclusive of performance incentives and rewards.

Mr. Wangdo Hur (DIN: 10039866), Whole-time Director and Chief Financial Officer, retires by rotation at this AGM and, being eligible, offers himself for re-appointment.

Cost Auditor Remuneration Ratification

Shareholders are also being asked to ratify the remuneration of ₹8,50,000/- (Rupees Eight Lakhs and Fifty Thousand Only) plus XBRL fees and reimbursement of out-of-pocket expenses and applicable taxes payable to M/s. Geeyes & Co., Cost & Management Accountants (Firm Registration No. 000044), as Cost Auditors for FY 2026-27.

FY 2025-26 Financial Performance Snapshot

The Annual Report for FY 2025-26, filed alongside the AGM Notice, highlights the company's consolidated financial performance for the year:

E-Voting and AGM Participation Details

The company is providing remote e-voting facility through NSDL (EVEN: 140577). Members as on the cut-off date of August 19, 2026 are eligible to vote.

The Scrutinizer appointed for the e-voting process is K J Chandra Mouli (Membership No. F11720), Partner of M/s. BP & Associates, Practicing Company Secretaries. The results of voting, along with the Scrutinizer's Report, will be placed on the company's website and communicated to the stock exchanges after the AGM on August 26, 2026.