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Honda India Power Products Declares Interim Dividend and Announces Board Changes

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Honda India Power Products Declares Interim Dividend and Announces Board Changes

Honda India Power Products Limited ( (IN:HONDAPOWER) ) has provided an update.

Honda India Power Products Limited announced key decisions from its Board meeting on February 10, 2025. The company reported unaudited financial results for the quarter and nine months ending December 31, 2024, and declared a 100% interim dividend of Rs. 10 per equity share for the financial year 2024-25, benefiting shareholders. The resignation of Ms. Kaori Osakada as a Non-Executive Director was accepted, and Mr. Yasuhiro Takabatake was appointed as an Additional Director effective February 11, 2025. Additionally, Mr. Ravi Prakash Mehrotra was appointed as an Independent Director for a second term starting March 31, 2025. These leadership changes and financial outcomes are expected to strengthen the company’s governance and enhance shareholder value.

More about Honda India Power Products Limited

Honda India Power Products Limited, formerly known as Honda Siel Power Products Limited, operates in the industrial sector and is a leading manufacturer of power products including generators, engines, and water pumps. The company is focused on delivering innovative and efficient solutions to meet the power needs of its diverse clientele.

YTD Price Performance: -13.56%

Average Trading Volume: 533

Current Market Cap: 25.02B INR

For detailed information about HONDAPOWER stock, go to TipRanks’ Stock Analysis page.

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