Hindustan Motors Limited, the iconic Indian automobile manufacturer, is set to delist its equity shares from the National Stock Exchange of India Limited (NSE) following a voluntary application. The company, known for producing the Ambassador car, has initiated the delisting process under Regulations 5 and 6 of the SEBI (Delisting of Equity Shares) Regulations, 2021.

Key Delisting Details

Delisting Process and Timeline

Hindustan Motors submitted its application for voluntary delisting to the NSE on August 18, 2025. In response, the NSE issued a circular on September 18, 2025, confirming the delisting schedule:

1. The company's shares will be suspended from trading on the NSE effective October 3, 2025.
2. The formal delisting and withdrawal of admission to dealings in Hindustan Motors' securities will take place on October 10, 2025.

Company's Disclosure

Vishakha Gupta, Company Secretary of Hindustan Motors Limited, informed the Bombay Stock Exchange (BSE) about these developments in a disclosure dated September 19, 2025. The disclosure, made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, outlined the delisting process and timeline as communicated by the NSE.

Implications for Investors

Investors and stakeholders of Hindustan Motors should take note of the following:

1. Trading in the company's shares on the NSE will cease after October 2, 2025.
2. The shares will be officially delisted from October 10, 2025.
3. Shareholders may need to explore alternative arrangements for trading their holdings after the delisting.

The voluntary delisting of Hindustan Motors from the NSE marks a significant milestone for the company, which has been a part of India's automotive history for decades. While the reasons for the delisting have not been explicitly stated in the available information, such moves are often associated with strategic corporate decisions or changes in the company's operational focus.

Investors and market participants are advised to stay informed about any further announcements from Hindustan Motors regarding the delisting process and its implications for shareholders.

Hindustan Motors Limited, a prominent Indian automotive manufacturer, has announced significant changes to its Board of Directors and set the date for its upcoming Annual General Meeting (AGM). The company's Board has approved these decisions through a circular resolution passed on August 12, 2025.

New Board Appointments

The Board of Directors has approved two key appointments, both effective from September 24, 2025:

1. Mrs. Mou Mukherjee has been appointed as a Non-Executive and Non-Independent Director. This appointment follows the completion of her second term of five consecutive years as an Independent Director of the company.

2. Mr. Sourav Daspatnaik joins the Board as a Non-Executive and Independent Director.

Professional Backgrounds

Mrs. Mou Mukherjee

• Extensive experience in finance, accounts, taxation, and administration
• Expertise in strategic business development and foreign trade

Mr. Sourav Daspatnaik

• Engineer and management professional with cross-functional experience
• Proven track record in business building and operational excellence

83rd Annual General Meeting

Hindustan Motors has scheduled its 83rd Annual General Meeting for Wednesday, September 24, 2025. The company has stated that the Notice of AGM along with the full Annual Report will be provided to shareholders in due course.

Board Committee Reconstitution

In light of these new appointments, the Board has also approved the reconstitution of several key committees:

1. Audit Committee
2. Nomination and Remuneration Committee
3. Committee of Independent Directors

These changes reflect Hindustan Motors' commitment to maintaining strong corporate governance practices and adapting its leadership structure to meet current business needs.

The company has duly informed the stock exchanges of these developments, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Hindustan Motors Limited, known for its iconic Ambassador car, continues to evolve its corporate structure as it navigates the changing landscape of the Indian automotive industry. These board-level changes and the upcoming AGM are likely to be of interest to shareholders and industry observers alike.