Management Reshuffle at Honda India Power Products Ltd. (NSE: HONDAPOWER)
Honda India Power Products Limited has announced key management changes, effective February 10, 2025:- Resignation:
- Kaori Osakada, serving as a Non-Executive Non-Independent Director, has resigned from her position.
- Appointment:
- Yasuhiro Takabatake has been appointed as a Non-Executive Non-Independent Director, effective February 11, 2025.
- Mr. Takabatake brings over 22 years of expertise in corporate governance, compliance, and legal affairs.
- Re-appointment:
- Ravi Prakash Mehrotra has been re-appointed as a Non-Executive Independent Director for a tenure of two years, effective March 31, 2025.
- Mr. Mehrotra has over 41 years of experience in marketing across industries, including heavy capital goods, consumer goods, and commercial vehicles.
Board Meeting Outcome: Interim Dividend Declared
Honda India Power Products Ltd. has also declared an interim dividend of ₹10 per equity share for the financial year 2024-25. The decision was approved at the board meeting held on February 10, 2025.Key Dividend Details:
- Record Date: February 18, 2025
- Dividend Payment Date: On or before March 10, 2025
- Prior Intimation Date: The company had informed stock exchanges on January 30, 2025.
These strategic changes reflect Honda India Power Products Ltd.'s commitment to strengthening leadership and rewarding shareholders.