Honda India Power Products Limited — Others, 10-02-2025: Resignation

Honda India Power Products has announced a board meeting where several key decisions were made, including the approval of its financial results for the quarter and nine months ended December 31, 2024, which showed a profit before tax of ₹2,574 crore. The company declared a special interim dividend of 100%, amounting to ₹10 per equity share, to be paid on March 10, 2025, to eligible shareholders. Additionally, the board witnessed a change in leadership, with the resignation of Ms. Kaori Osakada and the appointments of Mr. Yasuhiro Takabatake as an additional director and Mr. Ravi Prakash Mehrotra as an independent director for a second term.

This update is likely to be viewed positively by investors, reflecting strong financial performance and a commitment to shareholder returns through the special dividend. The leadership changes may also reinforce governance and strategic direction within the company.