Honda India Power Products board approves FY26 results, dividend, appoints Sameer Jain as Director.
Honda India Power Products announced its audited financial results for FY26. The company recommended a final dividend of ₹13 per share. Mr. Sameer Jain has been appointed as Chief Corporate Officer effective July 1, 2026, and as Whole-Time Director from September 1, 2026. Mr. Vinay Mittal will superannuate on September 30, 2026.
The appointment of a new Whole-Time Director and the recommendation of a dividend are significant events for the company, impacting its governance and shareholder returns. The financial results themselves are also a key driver of impact.
The announcement includes a positive outcome regarding the approval of financial results and the recommendation of a final dividend, alongside key management appointments which generally indicate stability and forward planning.
Honda India Power Products Limited announced the outcome of its Board Meeting held on May 26, 2026. The Board approved the audited financial results for the quarter and financial year ended March 31, 2026, along with the auditor's report. A declaration regarding the unmodified opinion from statutory auditors, M/s B S R and Co. LLP, was also provided.
Key personnel changes were approved, including the appointment of Mr. Sameer Jain as Chief Corporate Officer, effective July 1, 2026. Furthermore, Mr. Sameer Jain was appointed as Whole-Time Director of the Company, effective September 1, 2026. This appointment will be in place of Mr. Vinay Mittal, who is set to attain superannuation on September 30, 2026.
The Board recommended a final dividend of ₹13 per equity share for the financial year ended March 31, 2026, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The company has fixed August 19, 2026, as the record date for this dividend payment, and the dividend, if approved, is scheduled to be paid on September 17, 2026.
Additionally, the Register of Members and Share Transfer Books will be closed from August 20, 2026, to August 26, 2026, for the purpose of the AGM and final dividend payment. M/s Rakesh Singh & Co. were re-appointed as the Cost Auditors for the Financial Year 2026-27.
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Honda India Power Products Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Honda India Power Products Limited. Read the original for the full detail.