Honda India Power Products Declares 35% Interim Dividend, Reappoints CMD
Honda India Power Products declared an interim dividend of 35% (₹3.50 per share) for FY25-26, with a record date of Feb 19, 2026. Mr. Shigeki Iwama was reappointed as CMD, President, and CEO for one year from April 1, 2026. The company reported a profit after exceptional items before tax of ₹2,273 lakhs for Q3 FY26.
The interim dividend and reappointment of the CMD are significant events for shareholders and the company's strategic direction.
The declaration of an interim dividend and the reappointment of key management personnel are positive developments for the company.
Honda India Power Products Limited announced on February 13, 2026, that its Board of Directors has approved the unaudited financial results for the quarter and nine months ended December 31, 2025. The company declared an interim dividend of 35%, amounting to ₹3.50 per equity share of ₹10 each, for the Financial Year 2025-26. The record date for this dividend is set for Thursday, February 19, 2026, with the payment scheduled for March 12, 2026.
Furthermore, the Board approved the reappointment of Mr. Shigeki Iwama as CMD, President, and CEO for a term of one year, effective from April 01, 2026. Mr. Iwama possesses expertise in sales and marketing, business planning, and product planning, with prior experience in automobile and motorcycle operations.
The company also reported its financial performance, showing a profit after exceptional items before tax of ₹2,273 lakhs for the quarter ended December 31, 2025, compared to ₹2,574 lakhs in the same quarter of the previous year. For the nine months ended December 31, 2025, the profit after exceptional items before tax stood at ₹5,059 lakhs. The unaudited financial results include an exceptional item of ₹1,184 lakhs related to the statutory impact of new Labour Codes, comprising gratuity and long-term compensated absences.
The Board also approved the Notice of Postal Ballot and appointed Ms. Saryu Munjal as Scrutinizer for the remote e-voting process. The meeting commenced at 10:30 AM and concluded at 11:19 AM.
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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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