Hyundai Motor India Limited has issued a notice for a postal ballot to seek approval from its shareholders for key resolutions. The company is proposing the appointment of Mr. Dong Huwy Park as a Whole-time Director (Non-Independent, Executive Director) for a period of three years, effective February 02, 2026, until February 01, 2029. In addition to the director appointment, shareholders will vote on approving material related party transactions. These transactions involve Hyundai Motor India Limited and its associated entities: Mobis India Limited, Kia India Private Limited, and Hyundai Motor Company (HMC). The aggregate amount for transactions with Mobis India Limited is not to exceed ₹8,840 crore (88,400 million), with Kia India Private Limited up to ₹4,453.2 crore (44,532 million), and with Hyundai Motor Company (HMC) up to ₹4,429.1 crore (44,291 million). The remote e-voting period for these resolutions will commence on Tuesday, March 03, 2026, at 09:00 AM (IST) and conclude on Wednesday, April 01, 2026, at 05:00 PM (IST). The results of the postal ballot will be declared on or before Friday, April 03, 2026. The company is facilitating this voting process exclusively through remote e-voting, in compliance with SEBI LODR regulations and MCA circulars.
