Event Overview

Hyundai Motor India Limited held its 30th Annual General Meeting on Wednesday, August 26, 2026, through Video Conferencing (VC) in compliance with circulars issued by the Ministry of Corporate Affairs and SEBI. The meeting was webcast live on the NSDL platform and the Company's website.

Meeting Attendance

Directors and KMPs Present:

  • Mr. Tarun Garg (Managing Director & CEO, Chairman of the Meeting and Chairman of Risk Management Committee)
  • Mr. Wangdo Hur (Whole Time Director and Chief Financial Officer)
  • Mr. Dong Huwy Park (Whole Time Director and Chief Operating Officer)
  • Mr. Gopalakrishnan CS (Whole Time Director)
  • Ms. Shalini Puchalapalli (Independent Director and Chairperson of the Audit Committee)
  • Mr. Ajay Tyagi (Independent Director and Chairman of the Stakeholders Relationship Committee)
  • Ms. Sree Patel (Independent Director and Chairperson of the Nomination and Remuneration Committee)
  • Mr. John Martin Thompson (Independent Director and Chairman of the Corporate Social Responsibility Committee)
  • Mr. Pradeep Chugh (Company Secretary and Compliance Officer)

Other Attendees:

  • Mr. Chandramouli K J (Partner, BP & Associates, Practicing Company Secretaries, Secretarial Auditor and Scrutinizer)
  • Mr. Manivannan R Rajan (Partner, Geeyes & Co, Cost and Management Accountants, Cost Auditor)

Total of 116 shareholders attended the AGM through VC. Quorum was confirmed present.

Meeting Proceedings

The meeting commenced at 2:00 PM IST and concluded at 3:31 PM IST. Mr. Tarun Garg presided as Chairman. The Company Secretary confirmed that statutory registers and documents referred to in the AGM Notice were available for electronic inspection. The Notice of AGM and Annual Report for FY 2025-26 had been previously circulated electronically.

Voting Arrangements

Remote e-voting was conducted through NSDL from Friday, August 21, 2026 at 09:00 AM IST to Tuesday, August 25, 2026 at 05:00 PM IST. Additional e-voting facility remained open during the AGM and for 30 minutes after conclusion for shareholders who had not voted earlier.

Resolutions Considered

The following six resolutions were put to vote:

Ordinary Business:

1. Adoption of audited standalone financial statements for FY ended March 31, 2026 and reports of Board of Directors and Statutory Auditor (Ordinary Resolution)

2. Adoption of audited consolidated financial statements for FY ended March 31, 2026 and report of Statutory Auditor (Ordinary Resolution)

3. Declaration of dividend on Equity Shares for FY ended March 31, 2026 (Ordinary Resolution)

4. Re-appointment of Mr. Wangdo Hur (DIN: 10039866) as Director liable to retire by rotation (Ordinary Resolution)

Special Business:

5. Appointment of Mr. Mukundan MS (DIN: 11814362) as Whole Time Director (Non-Independent, Executive Director) (Ordinary Resolution)

6. Ratification of remuneration to M/s. Geeyes and Co., Cost Auditors for Financial Year 2026-27 (Ordinary Resolution)

Key Disclosures

The Statutory Auditors' Report and Secretarial Auditor's Report contained no qualifications or observations. Shareholders who registered as speakers were given opportunity to ask questions, which were addressed by management.

Outcome and Next Steps

The Chairman authorized the Company Secretary to receive the Scrutinizer's report and announce results on behalf of the Board. The e-voting results along with consolidated Scrutinizer's Report will be filed with stock exchanges within stipulated timelines and placed on the Company's website and NSDL website. All resolutions shall be deemed passed on August 26, 2026, subject to receipt of requisite votes in favor.

The document specifically notes that it does not constitute the minutes of the proceedings of the Meeting.