Hyundai Motor India has further solidified its position in the renewable energy sector by increasing its stake in FPEL TN Wind Farm Private Limited. The company has made a second tranche investment of ₹21.46 crore, acquiring an additional 25,58,405 equity shares through private placement.

Investment Details

This latest investment marks a significant step in Hyundai's commitment to sustainable energy solutions. The company's stake in FPEL TN Wind Farm Private Limited has now reached 26.49%, with the total investment value amounting to ₹38.05 crore.

Corporate Disclosure

In compliance with regulatory requirements, Hyundai Motor India has duly informed the National Stock Exchange of India Limited and BSE Limited about this development. The company's filing states that this investment is a continuation of their earlier disclosures.

Implications

This move by Hyundai Motor India aligns with the growing trend of automotive companies investing in renewable energy sources. By increasing its stake in a wind farm, Hyundai is not only diversifying its investment portfolio but also potentially securing a sustainable energy source for its operations in India.

The investment in FPEL TN Wind Farm Private Limited could be seen as part of Hyundai's broader strategy to reduce its carbon footprint and align with global sustainability goals. It may also position the company favorably in terms of meeting potential future regulatory requirements related to clean energy usage in manufacturing.

Looking Ahead

While the immediate impact of this investment on Hyundai's operations may not be significant, it represents a long-term strategic move. As the automotive industry globally shifts towards more sustainable practices, investments in renewable energy sources could become increasingly important for car manufacturers.

Investors and industry observers will likely keep a close watch on how this investment develops and whether it leads to any operational changes or further green initiatives from Hyundai Motor India in the future.

Hyundai Motor India Limited (HMIL) has initiated a postal ballot to seek shareholder approval for the appointment of Mr. Tarun Garg as Managing Director and Chief Executive Officer. The proposed appointment, if approved, will be effective from January 1, 2026, for a term until August 31, 2028.

Key Details of the Appointment

About Tarun Garg

Mr. Tarun Garg brings a wealth of experience to HMIL. He holds a Mechanical Engineering degree from Delhi Technological University (formerly Delhi College of Engineering) and an MBA from the Indian Institute of Management (IIM) Lucknow. Prior to his association with Hyundai, Mr. Garg had a distinguished career at Maruti Suzuki India Limited, where he held various key positions, including Executive Director of Marketing, Logistics, Parts and Accessories.

Professional Expertise

Mr. Garg's expertise spans several crucial areas:

• Market and industry dynamics
• Wholesale and retail sales strategies
• Premium channel development
• Digital marketing
• Business expansion into rural markets and the used car segment
• Technological advancements, including the introduction of Advanced Driver Assistance Systems (ADAS) in nine models

Voting Process

Shareholders can cast their votes through remote e-voting, which will be conducted by National Securities Depository Limited (NSDL). The e-voting period is scheduled from 9:00 AM on November 12, 2025, to 5:00 PM on December 11, 2025.

Additional Information

• The cut-off date for eligible voting shareholders is November 7, 2025.
• Mr. K J Chandra Mouli has been appointed as the scrutinizer for the postal ballot process.
• The proposed resolution, if approved, will be deemed to have been passed on the last date of e-voting, i.e., December 11, 2025.

Hyundai Motor India Limited views this appointment as a strategic move to drive transformative and sustainable growth, leveraging innovation and strengthening market presence. Shareholders are encouraged to participate in the voting process to make their decision on this significant corporate action.