Honda India Power Products CEO, MD, chairman, board of directors and AGM
NSE: HONDAPOWERBSE: 522064Industrial ManufacturingSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹1,749.70.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,821 Cr1,120th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 30 Jul 2026
- 27.7
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹9.99 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 24.0
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 26 May 2026
- 2.3
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.48%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 30 Jul 2026
- 7.9%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹9.99 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 9.1%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 30 Jul 2026
- 7.9%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 26 May 2026
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 6,03951.1% delivered
Honda India Power Products board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.
- Chairperson and managing director and CEOShigeki Iwama
- Company Secretary and Compliance OfficerSunita Ganjoo
8 directors4 independent3 executive1 non-executive
- Ravi Prakash MehrotraIndependent · joined Mar 2020 · reappointed Mar 2025 · 78 months as independent · 1 listed board · 1 as independent
- Anuradha DuttIndependent · joined Apr 2023 · reappointed Apr 2023 · 42 months as independent · 2 listed boards · 2 as independent · 1 committee seat, 1 as chair
- Nitin SavaraIndependent · joined Mar 2024 · reappointed Mar 2024 · 31 months as independent · 3 listed boards · 3 as independent · 3 committee seats, 2 as chair
- Balachandran DharmanIndependent · joined Sep 2024 · reappointed Sep 2024 · 25 months as independent · 1 listed board · 1 as independent
- Shigeki Iwama · Chairperson and managing director and CEOExecutive · joined Apr 2023 · reappointed Apr 2026 · 1 listed board · 2 committee seats
- Sameer JainExecutive · joined Sep 2026 · 1 listed board · 1 committee seat
- Akihiro SakuraiExecutive · joined Apr 2024 · 1 listed board
- Yasuhiro TakabatakeNon-executive · joined Feb 2025 · 1 listed board
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
2 directors who left
- Vinay Mittal, left 1 Sep 2026: Others
- Kaori Osakada, left 10 Feb 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 30 Jul 20268 of 8 present4 independent · 64 days in between
- 26 May 20267 of 8 present4 independent
Audit Committee
Chair Ravi Prakash Mehrotra
Nitin Savara, Shigeki Iwama
- 30 Jul 20263 of 3 present2 independent · 64 days in between
- 26 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Anuradha Dutt
Nitin Savara, Ravi Prakash Mehrotra
- 30 Jul 20263 of 3 present3 independent · 64 days in between
- 26 May 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair Ravi Prakash Mehrotra
Shigeki Iwama, Sameer Jain
No meeting listed in the filing.
Risk Management Committee
Chair Shigeki Iwama
Sameer Jain, Ravi Prakash Mehrotra, Akihiro Sakurai
- 30 Jul 20264 of 4 present1 independent
Corporate Social Responsibility Committee
Chair Shigeki Iwama
Ravi Prakash Mehrotra, Sameer Jain
- 30 Jul 20262 of 3 present1 independent
Board Committee on Financial Matters
Chair Shigeki Iwama
Sameer Jain, Akihiro Sakurai
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- B S R & Co. LLPPeer-review certificate valid to Jul 2028
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Honda India Power Products AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Honda India Power Products dividend history
Annual general meeting, 26 Aug 2026
25,335 shareholders on the register on 19 Aug 2026; present: 1 promoter and 70 others; votes counted by Saryu Munjal / Saryu Munjal & Associates.The company's voting result (opens in a new tab)
- Consideration and adoption of the Audited Financial Statements of the Company for the year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.85%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%
- Declaration of Final Dividend of Rs. 23/- per equity share i.e., (230%) on equity shares of face value of Rs. 10/- each for the Financial Year ended March 31, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.89%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%
- To appoint a Director in place of Mr. Akihiro Sakurai (DIN:10570035), who retires by rotation and being eligible, offers his candidature for re-appointmentOrdinary99.88% for0.12% against
Against: promoters 0.00% · institutions 0.56% · other public 0.85%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%
- Approval for appointment of Mr. Sameer Jain, (DIN: 11737255) as the Whole Time Director of the Company and for the remuneration payable to himOrdinary99.88% for0.12% against
Against: promoters 0.00% · institutions 0.56% · other public 1.02%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%
- Ratification of remuneration of Cost Auditors.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.89%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%
- Revision in Related Party Transaction with Honda Motor Co. Ltd., Japan for the Financial Year 2026-27OrdinaryPromoters have an interest in it97.14% for2.86% against
Against: promoters 0.00% · institutions 2.86% · other public 1.02%
Turnout: all 22.13% · promoters 0.00% · institutions 100.00% · other public 100.00%
- Related Party Transaction with respect to payment of royalty to Honda Motor Co. Ltd., Japan for the Financial Year 2027-28OrdinaryPromoters have an interest in it97.14% for2.86% against
Against: promoters 0.00% · institutions 2.86% · other public 1.02%
Turnout: all 22.13% · promoters 0.00% · institutions 100.00% · other public 100.00%
- Other Related Party Transaction(s) with Honda Motor Co. Ltd., Japan for the financial year 2027-28OrdinaryPromoters have an interest in it97.14% for2.86% against
Against: promoters 0.00% · institutions 2.86% · other public 0.98%
Turnout: all 22.13% · promoters 0.00% · institutions 100.00% · other public 100.00%
- Related Party Transaction(s) with American Honda Motor Co. Inc. for the financial year 2026-27OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.02%
Turnout: all 22.13% · promoters 0.00% · institutions 100.00% · other public 100.00%
- Related Party Transaction(s) with American Honda Motor Co. Inc. for the financial year 2027-28OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.97%
Turnout: all 22.13% · promoters 0.00% · institutions 100.00% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 30 Apr 2026, 2 resolutions
25,216 shareholders on the register on 27 Mar 2026; votes counted by Saryu Munjal / Saryu Munjal & Associates.The company's voting result (opens in a new tab)
- Re-Appointment and payment of remuneration to Mr. Shigeki Iwama (DIN 10075458) as CMD and President & CEO of the CompanyOrdinary99.84% for0.16% against
Against: promoters 0.00% · institutions 0.56% · other public 40.77%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%
- Payment of remuneration to Mr. Vinay Mittal (DIN:05242535), Whole Time Director of the CompanyOrdinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 42.22%
Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 25 Sep 2025, 8 resolutions
25,175 shareholders on the register on 18 Sep 2025; present: 1 promoter and 85 others; votes counted by Saryu Munjal / Saryu Munjal & Associates.The company's voting result (opens in a new tab)
- Consideration and adoption of audited Financial Statement including balance sheet as at 31 March 2025 and the reports of Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.33%
Turnout: all 85.91% · promoters 100.00% · institutions 98.47% · other public 1.39%
- Declaration of Final Dividend of Rs 21.50 per equity share of Rs 10 each for the Financial year ended 31 March , 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.33%
Turnout: all 85.92% · promoters 100.00% · institutions 98.55% · other public 1.39%
- Appointment of Director in place of Mr. Shigeki Iwama ( DIN 10075458) who retires by rotation and being eligible , he offers his candidature of re-appointment.Ordinary99.86% for0.14% against
Against: promoters 0.00% · institutions 0.62% · other public 0.33%
Turnout: all 85.92% · promoters 100.00% · institutions 98.55% · other public 1.39%
- Alteration of Memorandum of Association of CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.33%
Turnout: all 85.92% · promoters 100.00% · institutions 98.55% · other public 1.39%
- Appointment of M/S TVA & Co LLP , Company Secretaries as Secretarial Auditor of Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.33%
Turnout: all 85.92% · promoters 100.00% · institutions 98.52% · other public 1.39%
- Ratification of remuneration of Cost auditorsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.33%
Turnout: all 85.92% · promoters 100.00% · institutions 98.55% · other public 1.39%
- Royalty Payment to Honda Motor Co Ltd , Japan for the financial year 2026-2027OrdinaryPromoters have an interest in it96.41% for3.59% against
Against: promoters 0.00% · institutions 3.61% · other public 1.45%
Turnout: all 19.26% · promoters 0.00% · institutions 98.55% · other public 1.39%
- Related Party Transaction(s) with Honda Motor Co Ltd, Japan For the financial year 2026-2027OrdinaryPromoters have an interest in it96.41% for3.59% against
Against: promoters 0.00% · institutions 3.61% · other public 1.45%
Turnout: all 19.26% · promoters 0.00% · institutions 98.55% · other public 1.39%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 26 Mar 2025, 3 resolutions
21,701 shareholders on the register on 18 Feb 2025; votes counted by Saryu Munjal / M/s Saryu Munjal & Associates , Company Secretaries.The company's voting result (opens in a new tab)
- To appoint Mr. Ravi Prakash Mehrotra (DIN: 06823899) as an Independent Director of the Company for a second term of two yearsSpecial99.95% for0.05% against
Against: promoters 0.00% · institutions 0.06% · other public 44.86%
Turnout: all 85.98% · promoters 100.00% · institutions 96.16% · other public 0.50%
- Appointment of Mr. Yasuhiro Takabatake (DIN 10909958 ) as a Non-executive (Non-Independent) Director of the Company.Ordinary99.95% for0.05% against
Against: promoters 0.00% · institutions 0.06% · other public 44.85%
Turnout: all 85.98% · promoters 100.00% · institutions 96.16% · other public 0.50%
- Approval for revision in remuneration payable to Mr. Vinay Mittal (DIN 05242535), Whole Time Director of the CompanyOrdinary99.85% for0.15% against
Against: promoters 0.00% · institutions 0.49% · other public 47.09%
Turnout: all 85.98% · promoters 100.00% · institutions 96.16% · other public 0.50%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 5 Sep 2024, 6 resolutions
Present: 0 promoters and 71 others.The company's voting result (opens in a new tab)
- Consideration and adoption of the Audited Financial Statements of the Company for the year ended March 31, 2024, together with the Reports of the Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 85.93% · promoters 100.00% · institutions 94.69% · other public 2.22%
- Declaration of dividend on equity shares for the Financial Year ended March 31, 2024.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 86.05% · promoters 100.00% · institutions 95.28% · other public 2.21%
- Appointment of Director in place of Mr. Vinay Mittal (DIN 05242535), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.93% for0.07% against
Against: promoters 0.00% · institutions 0.32% · other public 0.03%
Turnout: all 86.05% · promoters 100.00% · institutions 95.28% · other public 2.21%
- Appointment of Mr. Balachandran Dharman (DIN: 01831731) as an Independent Director.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 86.05% · promoters 100.00% · institutions 95.28% · other public 2.21%
- Approval and ratification of remuneration to the Cost AuditorsOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 86.05% · promoters 100.00% · institutions 95.28% · other public 2.21%
- Approval of Related Party Transaction(s) with Honda Motor Co. Ltd., Japan for the Financial Year 2025-26OrdinaryPromoters have an interest in it74.50% for25.50% against
Against: promoters 0.00% · institutions 25.92% · other public 0.06%
Turnout: all 19.38% · promoters 0.00% · institutions 95.20% · other public 2.33%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 22 May 2024, 3 resolutions
The company's voting result (opens in a new tab)
- tAppointment of Mr. Akihiro Sakurai (DIN: 10570035) as a Director.Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.07% · other public 7.53%
Turnout: all 83.21% · promoters 100.00% · institutions 90.39% · other public 0.36%
- tApproval for appointment of Mr. Akihiro Sakurai, (DIN: 10570035) as the Whole Time Director of the Company and the remuneration payable to himSpecial100.00% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 7.53%
Turnout: all 83.21% · promoters 100.00% · institutions 90.39% · other public 0.36%
- tApproval for revision in remuneration payable to Mr. Vinay Mittal (DIN 05242535), Whole Time Director of the CompanySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 7.43%
Turnout: all 83.21% · promoters 100.00% · institutions 90.32% · other public 0.45%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 31 Mar 2024, 1 resolution
The company's voting result (opens in a new tab)
- Appointment of Mr. Nitin Savara (DIN 09398370) as an Independent Director of the companySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.98%
Turnout: all 83.33% · promoters 100.00% · institutions 93.65% · other public 0.34%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 10 Aug 2023, 9 resolutions
Present: 0 promoters and 70 others.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Financial Statements of the Company for the year ended March 31, 2023, together with the Reports of the Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 84.32% · promoters 100.00% · institutions 98.37% · other public 10.01%
- To declare dividend on equity shares for the Financial Year ended March 31, 2023Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 84.47% · promoters 100.00% · institutions 99.33% · other public 10.01%
- To appoint a Director in place of Mr. Noboru Sube (DIN 09269643), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary98.57% for1.43% against
Against: promoters 0.00% · institutions 7.48% · other public 0.01%
Turnout: all 84.47% · promoters 100.00% · institutions 99.33% · other public 10.01%
- Approval and ratification of payment of remuneration to the Cost Auditors.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 84.47% · promoters 100.00% · institutions 99.33% · other public 10.01%
- Approval of Related Party Transaction(s) with Honda Motor Co. Ltd., Japan for the Financial Year 2023-24.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 17.81% · promoters 0.00% · institutions 99.33% · other public 10.01%
- Approval of Related Party Transaction(s) with American Honda Motor Co. Inc., America for the Financial Year 2023-24.OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 17.81% · promoters 0.00% · institutions 99.33% · other public 10.01%
- Approval of Related Party Transactions with Honda Motor Co. Ltd., Japan for the Financial Year 2024-25.OrdinaryPromoters have an interest in it86.74% for13.26% against
Against: promoters 0.00% · institutions 14.67% · other public 0.07%
Turnout: all 17.81% · promoters 0.00% · institutions 99.33% · other public 10.01%
- Approval of Related Party Transactions with American Honda Motor Co. Inc, America, for the Financial Year 2024-25.OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 17.81% · promoters 0.00% · institutions 99.33% · other public 10.01%
- Approval of Related Party Transactions with Asian Honda Motor Co. Ltd., Thailand for the Financial Year 2024-25.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 17.81% · promoters 0.00% · institutions 99.33% · other public 10.01%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 26 Aug 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)
- Consideration and adoption of the Audited Financial Statements of the Company for the year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereon1 for0 against
- Declaration of Final Dividend of Rs. 23/- per equity share i.e., (230%) on equity shares of face value of Rs. 10/- each for the Financial Year ended March 31, 20261 for0 against
- To appoint a Director in place of Mr. Akihiro Sakurai (DIN:10570035), who retires by rotation and being eligible, offers his candidature for re-appointment1 for0 against
- Approval for appointment of Mr. Sameer Jain, (DIN: 11737255) as the Whole Time Director of the Company and for the remuneration payable to him1 for0 against
- Ratification of remuneration of Cost Auditors.1 for0 against
- Revision in Related Party Transaction with Honda Motor Co. Ltd., Japan for the Financial Year 2026-271 for0 against
- Related Party Transaction with respect to payment of royalty to Honda Motor Co. Ltd., Japan for the Financial Year 2027-281 for0 against
- Other Related Party Transaction(s) with Honda Motor Co. Ltd., Japan for the financial year 2027-281 for0 against
- Related Party Transaction(s) with American Honda Motor Co. Inc. for the financial year 2026-271 for0 against
- Related Party Transaction(s) with American Honda Motor Co. Inc. for the financial year 2027-281 for0 against
Mutual fund votes, meeting of 30 Apr 2026, 4 fund houses
- Re-Appointment and payment of remuneration to Mr. Shigeki Iwama (DIN 10075458) as CMD and President & CEO of the Company
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundCombined position of Chairman and Managing Director
3 for1 against - Payment of remuneration to Mr. Vinay Mittal (DIN:05242535), Whole Time Director of the Company4 for0 against
6 earlier meetings
Mutual fund votes, meeting of 25 Sep 2025, 4 fund houses
- Consideration and adoption of audited Financial Statement including balance sheet as at 31 March 2025 and the reports of Board of Directors and Auditors thereon.4 for0 against
- Declaration of Final Dividend of Rs 21.50 per equity share of Rs 10 each for the Financial year ended 31 March , 20254 for0 against
- Appointment of Director in place of Mr. Shigeki Iwama ( DIN 10075458) who retires by rotation and being eligible , he offers his candidature of re-appointment.
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundCompliant with law. Governance concern: Director holds combined position of Chairman and Managing director which may result in concentration of power in the hands of an individual Director.
3 for1 against - Alteration of Memorandum of Association of Company4 for0 against
- Appointment of M/S TVA & Co LLP , Company Secretaries as Secretarial Auditor of Company.
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundCompliant with law. No concern on the merits of proposed Auditors. Transparency Concern: The Company has not disclosed the Audit Fee paid to outgoing Secretarial Auditor, thus, material change in the proposed audit fee vs past audit fee cannot be ascertained, if any.
3 for1 against - Ratification of remuneration of Cost auditors4 for0 against
- Royalty Payment to Honda Motor Co Ltd , Japan for the financial year 2026-20274 for0 against
- Related Party Transaction(s) with Honda Motor Co Ltd, Japan For the financial year 2026-2027
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundCompliant with law. Governance & Transparency Concern: Justification not provided for significant shift in limits of proposed RPTs.
3 for1 against
Mutual fund votes, meeting of 26 Mar 2025, 3 fund houses
- To appoint Mr. Ravi Prakash Mehrotra (DIN: 06823899) as an Independent Director of the Company for a second term of two years3 for0 against
- Appointment of Mr. Yasuhiro Takabatake (DIN 10909958 ) as a Non-executive (Non-Independent) Director of the Company.3 for0 against
- Approval for revision in remuneration payable to Mr. Vinay Mittal (DIN 05242535), Whole Time Director of the Company3 for0 against
Mutual fund votes, meeting of 5 Sep 2024, 2 fund houses
- Consideration and adoption of the Audited Financial Statements of the Company for the year ended March 31, 2024, together with the Reports of the Board of Directors and Auditors thereon.2 for0 against
- Declaration of dividend on equity shares for the Financial Year ended March 31, 2024.2 for0 against
- Appointment of Director in place of Mr. Vinay Mittal (DIN 05242535), who retires by rotation and being eligible, offers himself for re-appointment.2 for0 against
- Appointment of Mr. Balachandran Dharman (DIN: 01831731) as an Independent Director.2 for0 against
- Approval and ratification of remuneration to the Cost Auditors2 for0 against
- Approval of Related Party Transaction(s) with Honda Motor Co. Ltd., Japan for the Financial Year 2025-262 for0 against
Mutual fund votes, meeting of 22 May 2024, 3 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- tApproval for appointment of Mr. Akihiro Sakurai, (DIN: 10570035) as the Whole Time Director of the Company and the remuneration payable to him1 for0 against
- tApproval for revision in remuneration payable to Mr. Vinay Mittal (DIN 05242535), Whole Time Director of the Company2 for0 against
2 proposals not matched to one resolution
- Appointment of Mr. Akihiro Sakurai (DIN: 10570035) as an Director of the Company whose period of office shall be liable to determination by retirement of Directors by rotation.2 for0 against
Approval for appointment of Mr. Akihiro Sakurai, (DIN: 10570035) as the Whole Time Director (to be designated as Sr. V.P. and Whole Time Director) of the Company for a period of three (3) years with effect from April 20, 2024 and including remuneration.MoreLess
2 for0 against
Mutual fund votes, meeting of 31 Mar 2024, 3 fund houses
- Appointment of Mr. Nitin Savara (DIN 09398370) as an Independent Director of the company3 for0 against
Mutual fund votes, meeting of 10 Aug 2023, 2 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- To receive, consider and adopt the Audited Financial Statements of the Company for the year ended March 31, 2023, together with the Reports of the Board of Directors and Auditors thereon.2 for0 against
- To declare dividend on equity shares for the Financial Year ended March 31, 20232 for0 against
- To appoint a Director in place of Mr. Noboru Sube (DIN 09269643), who retires by rotation and being eligible, offers himself for re-appointment.2 for0 against
- Approval and ratification of payment of remuneration to the Cost Auditors.1 for0 against
- Approval of Related Party Transaction(s) with Honda Motor Co. Ltd., Japan for the Financial Year 2023-24.1 for0 against
- Approval of Related Party Transaction(s) with American Honda Motor Co. Inc., America for the Financial Year 2023-24.1 for0 against
- Approval of Related Party Transactions with Honda Motor Co. Ltd., Japan for the Financial Year 2024-25.1 for0 against
- Approval of Related Party Transactions with American Honda Motor Co. Inc, America, for the Financial Year 2024-25.1 for0 against
- Approval of Related Party Transactions with Asian Honda Motor Co. Ltd., Thailand for the Financial Year 2024-25.2 for0 against
5 proposals not matched to one resolution
- Approve related party transactions with American Honda Motor Co. Inc. for FY251 for0 against
- Approve related party transactions with Honda Motor Co. Ltd., Japan for FY251 for0 against
- Ratify incremental related party transactions relating to compensation to be received due to supply of non-conforming material with Honda Motor Co. Ltd., Japan aggregating to Rs. 35.0 mn for FY241 for0 against
- Ratify incremental related party transactions relating to reimbursement of inventory carrying cost with American Honda Motor Co. Inc. aggregating to Rs. 126.0 mn for FY241 for0 against
- Ratify remuneration of Rs. 139,000 to Rakesh Singh & Co., as cost auditor for FY241 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.