General information about company |
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|---|---|
| Scrip Code | 544274 |
| NSE Symbol | HYUNDAI |
| MSEI Symbol | NOTLISTED |
| ISIN | INE0V6F01027 |
| Name of the entity | HYUNDAI MOTOR INDIA LIMITED |
| Date of start of financial year | 01-Apr-2025 |
| Date of end of financial year | 31-Mar-2026 |
| Reporting Quarter | Yearly |
| Date of Quarter Ending | 31-Mar-2026 |
| Type of company | Equity |
| Whether Annexure I (Part A) of the SEBI Circular dated December 31, 2024 related to Compliance Report on Corporate Governance is applicable to the entity? | Yes |
| Whether Annexure I (Part B) of the SEBI Circular dated December 31, 2024 related to Investor Grievance Redressal Report is Applicable to the entity? | Yes |
| Whether Annexure I (Part C) of the SEBI Circular dated December 31, 2024 related to Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies is Applicable to the entity? | No |
| Reason For Part C Of Annexure I Disclosure Of Acquisition Of Shares OrVotingRightsInUnlistedCompaniesIsNotApplicableToTheEntity | Not applicable |
| Whether Annexure I (Part D) of the SEBI Circular dated December 31, 2024 related to Disclosure of Imposition of Fine or Penalty is Applicable to the entity? | Yes |
| Whether Annexure I (Part E) of the SEBI Circular dated December 31, 2024 related to Disclosure of Updates to Ongoing Tax Litigations or Disputes is Applicable to the entity? | Yes |
| Whether Annexure I (Part F) of the SEBI Circular dated December 31, 2024 related to Disclosure Of Loans / Guarantees / Comfort Letters / Securities Etc. is Applicable to the entity? | Yes |
| Risk management committee | Yes |
| Market Capitalisation as per immediate previous Financial Year | Top 100 listed entities |
| Is SCORE ID Available ? | Yes |
| SCORE Registration ID | comh00427 |
| Reason For No SCORE ID | |
| Type of Submission | New |
| Remarks (website dissemination) | |
Annexure I |
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| Annexure I to be submitted by listed entity on quarterly basis | ||||||||||||||||||||||||||
| I. Composition of Board of Directors |
| Disclosure of notes on composition of board of directors explanatory | Mr. Tarun Garg appointed Chairman of Risk Committee in HMIL w.e.f. January 16, 2026 Ms. Sree Kirat Patel appointed as Director in CADBURY NIGERIA PLC w.e.f January 26, 2026 however not being considered because it is not a listed entity in India Mr. Dong Huwy Park appointed appointed as member of Risk Committee in HMIL w.e.f. January 16, 2026 and Whole time Director w.e.f February 02, 2026 | |||||||||||||||||||||||||
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| Whether the listed entity has a Regular Chairperson | Yes | |||||||||||||||||||||||||
| Whether Chairperson is related to MD or CEO | Yes | Disqualification of Directors under section 164 of the Companies Act, 2013 | ||||||||||||||||||||||||
| Sr | Title (Mr / Ms) | Name of the Director | PAN | DIN | Category 1 of directors | Category 2 of directors | Category 3 of directors | Date of Birth | Whether the director is disqualified? | Start Date of disqualification | End Date of disqualification | Details of disqualification | Current status | Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] | Date of passing special resolution | Initial Date of appointment | Date of Re-appointment | Date of cessation | Tenure of director (in months) | No of Directorship in listed entities including this listed entity (Refer Regulation 17A of Listing Regulations) | No of Independent Directorship in listed entities including this listed entity [with reference to proviso to regulation 17A(1) & 17A(2)] | Number of memberships in Audit/ Stakeholder Committee(s) including this listed entity (Refer Regulation 26(1) of Listing Regulations) | No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity (Refer Regulation 26(1) of Listing Regulations) | Reason for Cessation | Notes for not providing PAN | Notes for not providing DIN |
| 1 | Mr. | Tarun Garg | 00045669 | Executive Director | Chairperson | CEO-MD | 09-Aug-1970 | No | Active | NA | 24-Aug-2020 | 24-Aug-2023 | 1 | 0 | 1 | 0 | ||||||||||
| 2 | Mr. | Wangdo Hur | 10039866 | Executive Director | Not Applicable | 26-Nov-1966 | No | Active | NA | 10-Sep-2024 | 1 | 0 | 1 | 0 | ||||||||||||
| 3 | Mr. | Gopalakrishnan Chathapuram Sivaramakrishnan | 09679256 | Executive Director | Not Applicable | 31-Aug-1967 | No | Active | NA | 28-Jul-2022 | 28-Jul-2025 | 1 | 0 | 1 | 0 | |||||||||||
| 4 | Mr. | Dong Huwy Park | 09389394 | Executive Director | Not Applicable | 01-Oct-1970 | No | Active | NA | 02-Feb-2026 | 1 | 0 | 0 | 0 | ||||||||||||
| 5 | Mr. | Ajay Tyagi | 00187429 | Non-Executive - Independent Director | Not Applicable | 10-Dec-1958 | No | Active | NA | 07-Jun-2024 | 15.24 | 2 | 2 | 2 | 2 | |||||||||||
| 6 | Mr. | John Martin Thompson | 10746036 | Non-Executive - Independent Director | Not Applicable | 10-Jul-1963 | No | Active | NA | 10-Sep-2024 | 12.21 | 1 | 1 | 0 | 0 | |||||||||||
| 7 | Mrs. | Shalini Puchalapalli | 07820672 | Non-Executive - Independent Director | Not Applicable | 27-Jun-1973 | No | Active | NA | 07-Jun-2024 | 15.24 | 2 | 2 | 2 | 1 | |||||||||||
| 8 | Mrs. | Sree Kirat Patel | 03554790 | Non-Executive - Independent Director | Not Applicable | 12-Jun-1958 | No | Active | NA | 07-Jun-2024 | 15.24 | 1 | 1 | 1 | 0 | |||||||||||
Annexure 1 |
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II. Composition of Committees |
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| Disclosure of notes on composition of committees explanatory | .Risk managment committee was reconstituted on 16-Jan-2026 in which Mr. Dong Huwy Park was appointed as member as and Mr Tarun Garg was elevated from member to chairperson of the committee. At the time of induction of Mr Dong Huwy Park as a part of risk management committee as member he was not a director of the company but as per regulation 21 of SEBI LODR that any senior executive can also become a member, hence he was apponted as member in Risk management committee first and whole timae director later on 02-02-2026. |
Audit Committee Details |
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|---|---|
| Whether the Audit Committee has a Regular Chairperson | Yes |
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
|---|---|---|---|---|---|---|---|
| 1 | 07820672 | Shalini Puchalapalli | Non-Executive - Independent Director | Chairperson | 07-Jun-2024 | ||
| 2 | 03554790 | Sree Kirat Patel | Non-Executive - Independent Director | Member | 07-Jun-2024 | ||
| 3 | 10039866 | Wangdo Hur | Executive Director | Member | 10-Sep-2024 |
Nomination and remuneration committee |
|
|---|---|
| Whether the Nomination and remuneration committee has a Regular Chairperson | Yes |
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
|---|---|---|---|---|---|---|---|
| 1 | 03554790 | Sree Kirat Patel | Non-Executive - Independent Director | Chairperson | 07-Jun-2024 | ||
| 2 | 07820672 | Shalini Puchalapalli | Non-Executive - Independent Director | Member | 07-Jun-2024 | ||
| 3 | 00187429 | Ajay Tyagi | Non-Executive - Independent Director | Member | 07-Jun-2024 |
Stakeholders Relationship Committee |
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|---|---|---|
| Whether the Stakeholders Relationship Committee has a Regular Chairperson | Yes | |
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
|---|---|---|---|---|---|---|---|
| 1 | 00187429 | Ajay Tyagi | Non-Executive - Independent Director | Chairperson | 07-Jun-2024 | ||
| 2 | 00045669 | Tarun Garg | Executive Director | Member | 07-Jun-2024 | ||
| 3 | 09679256 | Gopalakrishnan Chathapuram Sivaramakrishnan | Executive Director | Member | 07-Jun-2024 |
Risk Management Committee |
|
|---|---|
| Whether the Risk Management Committee has a Regular Chairperson | Yes |
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
|---|---|---|---|---|---|---|---|
| 1 | 00045669 | Tarun Garg | ED | Chairperson | 07-Jun-2024 | ||
| 2 | 09389394 | Dong Huwy Park | ED | Member | 16-Jan-2026 | ||
| 3 | 03554790 | Sree Kirat Patel | ID | Member | 07-Jun-2024 |
Annexure 1 |
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| III. Meeting of Board of Directors | ||||||||
| Disclosure of notes on meeting of board of directors explanatory | Mr Dong Huwy Park was appointed as whole time director in the meeting held on 02-02-2026 and appointment was also effective from the same date. he attended the baord meeting as a special invitee. | |||||||
| Sr | Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) | Maximum gap between any two consecutive (in number of days) | Notes for not providing Date | Whether requirement of Quorum met (Yes/No) | Total Number of Directors as on date of the meeting | Number of Directors present* (All directors including Independent Director) | No. of Independent Directors attending the meeting* | |
| 1 | 14-Oct-2025 | Yes | 8 | 8 | 4 | |||
| 2 | 30-Oct-2025 | 15 | Yes | 8 | 8 | 4 | ||
| 3 | 02-Feb-2026 | 94 | Yes | 7 | 7 | 4 | ||
Annexure 1 |
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| IV. Meeting of Committees | ||||||||||
| Disclosure of notes on meeting of committees explanatory | as on date of RMC meeting he was not director /......................... | |||||||||
| Sr | Name of Committee | Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) | Maximum gap between any two consecutive (in number of days) | Name of other committee | Reson for not providing date | Whether requirement of Quorum met (Yes/No) | Total Number of Directors in the Committee as on date of the meeting | Number of Directors Present (All Directors including Independent Director) | No. of Independent Directors attending the meeting* | No. of members attending the meeting (other than Board of Directors) |
| 1 | Nomination and remuneration committee | 13-Oct-2025 | Yes | 3 | 3 | 3 | 0 | |||
| 2 | Nomination and remuneration committee | 22-Jan-2026 | 100 | Yes | 3 | 3 | 3 | 0 | ||
| 3 | Audit Committee | 30-Oct-2025 | Yes | 3 | 3 | 2 | 0 | |||
| 4 | Audit Committee | 02-Feb-2026 | 94 | Yes | 3 | 3 | 2 | 0 | ||
| 5 | Risk Management Committee | 23-Jan-2026 | Yes | 3 | 2 | 1 | 1 | |||
| 6 | Stakeholders Relationship Committee | 19-Mar-2026 | 54 | Yes | 3 | 3 | 1 | 0 | ||
Annexure 1 |
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| VI. Affirmations | ||
| Sr | Subject | Compliance status (Yes/No) |
| 1 | The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015 | Yes |
| 2 | The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit Committee | Yes |
| 3 | The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committee | Yes |
| 4 | The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committee | Yes |
| 5 | The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. d. Risk management committee (applicable to the top 1000 listed entities) | Yes |
| 6 | The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015. | Yes |
| 7 | The meetings of the board of directors and the above committees have been conducted in the manner as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015 | Yes |
| 8 | This report and/or the report submitted in the previous quarter has been placed before Board of Directors. | Yes |
| 9 | Any comments/observations/advice of Board of Directors may be mentioned here: |
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Annexure 1 |
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| Sr | Subject | Compliance status |
| 1 | Name of signatory | Pradeep Chugh |
| 2 | Designation | Company Secretary and Compliance Officer |
Details of Cyber security incidence |
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| Whether as per Regulation 27(2)(ba) of SEBI (LODR) Regulations, 2015 there has been cyber security incidents or breaches or loss of data or documents during the quarter | No | |
| Other details of cyber security incidence or breaches or loss of data event | ||
| Number of cyber security incidence or breaches or loss of data event occurred during the quarter | ||
| Sr | Date of the event | Brief details of the event |
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| Annexure II to be submitted by listed entity at the end of the financial year (for the whole of financial year) | ||||
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| I. Disclosure on website in terms of LODR Regulation | ||||
| Sr | Item | Compliance status (Yes/No/NA) | If status is No details of non-compliance may be given here. | Web address |
| 1.1 | Details of business | Yes | https://www.hyundai.com/in/en/hyundai-story/hyundai-motor-india/about-us | |
| 1.2 | Memorandum of Association and Articles of Association | Yes | https://www.hyundai.com/content/dam/hyundai/in/en/data/investor-relations/regulations46/coi_moa_aoa.pdf | |
| 1.3 | Brief profile of board of directors including directorship and full time positions in body corporates | Yes | https://www.hyundai.com/content/dam/hyundai/in/en/data/investor-relations/regulations46/brief-profile-of-board-of-directors-including-directorship-and-full-time-positions-in-body-corporates.pdf | |
| 2 | Terms and conditions of appointment of independent directors | Yes | https://www.hyundai.com/content/dam/hyundai/in/en/data/investor-relations/regulations46/termsconditionappointmentindedirectors.pdf | |
| 3 | Composition of various committees of board of directors | Yes | https://www.hyundai.com/content/dam/hyundai/in/en/data/investor-relations/regulations46/CommitteesoftheBoard.pdf | |
| 4 | Code of conduct of board of directors and senior management personnel | Yes | https://www.hyundai.com/content/dam/hyundai/in/en/data/investor-relations/regulations46/codeofconductofboardandSeniormanagement.pdf | |
| 5 | Details of establishment of vigil mechanism or whistle blower policy | Yes | https://www.hyundai.com/content/dam/hyundai/in/en/data/investor-relations/regulations46/whistleblowerpolicy.pdf | |
| 6 | Criteria of making payments to non-executive directors | Yes | https://www.hyundai.com/content/dam/hyundai/in/en/data/investor-relations/regulations46/nominationremuneration.pdf | |
| 7 | Policy on dealing with related party transactions | Yes | https://www.hyundai.com/content/dam/hyundai/in/en/data/investor-relations/regulations46/partytransactionpolicy.pdf | |
| 8 | Policy for determining material subsidiaries | Yes | https://www.hyundai.com/content/dam/hyundai/in/en/data/investor-relations/regulations46/materialsubsidiarypolicy.pdf | |
| 9 | Details of familiarization programmes imparted to independent directors | Yes | https://www.hyundai.com/content/dam/hyundai/in/en/data/investor-relations/regulations46/Familiarizationprogrammesforidv1.pdf | |
| 10 | Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances | Yes | https://www.hyundai.com/in/en/investor-relations/investor-information/contacts | |
| 11 | Email address for grievance redressal and other relevant details | Yes | https://www.hyundai.com/in/en/investor-relations/investor-information/contacts | |
| 12 | Financial results | Yes | https://www.hyundai.com/in/en/investor-relations/financial-information/quaterly-financials | |
| 13 | Shareholding pattern | Yes | https://www.hyundai.com/in/en/investor-relations/investor-information/disclosure/shareholders-pattern | |
| 14 | Details of agreements entered into with the media companies and/or their associates | NA | ||
| 15.1 | Schedule of analyst or institutional investor meet and presentation prepared by listed entity for analyst or institutional investor meet | Yes | https://www.hyundai.com/in/en/investor-relations/financial-information/quaterly-financials | |
| 15.2 | Audio or video recordings and transcripts of post earnings/quarterly calls | Yes | https://www.hyundai.com/in/en/investor-relations/financial-information/quaterly-financials | |
| 16 | New name and the old name of the listed entity | NA | ||
| 17 | Advertisements as per regulation 47 (1) | Yes | https://www.hyundai.com/in/en/investor-relations/investor-information/disclosure/newspaper-advertisement | |
| 18 | Credit rating or revision in credit rating obtained | Yes | https://www.hyundai.com/content/dam/hyundai/in/en/data/investor-relations/disclosure/rating-rational.pdf | |
| 19 | Separate audited financial statements of each subsidiary of the listed entity | Yes | https://www.hyundai.com/in/en/investor-relations/financial-information/subsidiaries | |
| 20 | Secretarial compliance report | Yes | https://www.hyundai.com/content/dam/hyundai/in/en/data/investor-relations/disclosure/annual-secretarial-compliance-report.pdf | |
| 21 | Materiality policy as per regulation 30 (4) | Yes | https://www.hyundai.com/content/dam/hyundai/in/en/data/investor-relations/regulations46/Determinationofmateriality.pdf | |
| 22 | Disclosure of contact details of KMP who are authorized for the purpose of determining materiality as required under regulation 30(5) | Yes | https://www.hyundai.com/content/dam/hyundai/in/en/data/investor-relations/regulations46/intimationmaterialityofevents.pdf | |
| 23 | Disclosures under regulation 30(8) | Yes | https://www.hyundai.com/in/en/hyundai-story/announcements-2025-2026 | |
| 24 | Statements of deviation(s) or variations(s) as specified in regulation 32 | NA | ||
| 25 | Dividend distribution policy as specified in regulation 43A (1) | Yes | https://www.hyundai.com/content/dam/hyundai/in/en/data/investor-relations/dividend-policy-october.pdf | |
| 26.1 | Annual return as provided under section 92 of the Companies Act 2013 | Yes | https://www.hyundai.com/in/en/hyundai-story/statutorydisclosures | |
| 26.2 | Employee benefit scheme documents framed in terms of SEBI (SBEB) regulations 2021 | |||
| 27 | Confirmation that the above disclosures are in a separate section as specified in regulation 46(2) | Yes | https://www.hyundai.com/in/en/investor-relations/regulation-46-sebi-lodr | |
| 28 | Compliance with regulation 46(3) with respect to accuracy of disclosures on the website and timely updation | Yes | https://www.hyundai.com/in/en/investor-relations/regulation-46-sebi-lodr | |
| 29 | Disclosure of notes on website in terms of Listing Regulations explanatory | |||
Annexure II |
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|---|---|---|---|---|
| II. Annual Affirmations | ||||
| Sr | Particulars | Regulation Number | Compliance status (Yes/No/NA) | If status is No details of non-compliance may be given here. |
| 1 | Independent director(s) have been appointed in terms of specified criteria of independence and/or eligibility | 16(1)(b) | Yes | |
| 2 | Board Composition | 17(1), 17(1A) & 17(1C), 17(1D) & 17(1E) | Yes | |
| 3 | Meeting Of Board Of Directors | 17(2) | Yes | |
| 4 | Quorum of board meeting | 17(2A) | Yes | |
| 5 | Review of Compliance Reports | 17(3) | Yes | |
| 6 | Plans for orderly succession for appointments | 17(4) | Yes | |
| 7 | Code of Conduct | 17(5) | Yes | |
| 8 | Fees/compensation | 17(6) | Yes | |
| 9 | Minimum Information | 17(7) | Yes | |
| 10 | Compliance Certificate | 17(8) | Yes | |
| 11 | Risk Assessment & Management | 17(9) | Yes | |
| 12 | Performance Evaluation of Independent Directors | 17(10) | Yes | |
| 13 | Recommendation of Board | 17(11) | Yes | |
| 14 | Maximum number of Directorships | 17A | Yes | |
| 15 | Composition of Audit Committee | 18(1) | Yes | |
| 16 | Meeting of Audit Committee | 18(2) | Yes | |
| 17 | Role of Audit Committee and information to be reviewed by the audit committee | 18(3) | Yes | |
| 18 | Composition of nomination & remuneration committee | 19(1) & (2) | Yes | |
| 19 | Quorum of Nomination and Remuneration Committee meeting | 19(2A) | Yes | |
| 20 | Meeting of Nomination and Remuneration Committee | 19(3A) | Yes | |
| 21 | Role of Nomination and Remuneration Committee | 19(4) | Yes | |
| 22 | Composition of Stakeholder Relationship Committee | 20(1), 20(2) & 20(2A) | Yes | |
| 23 | Meeting of Stakeholders Relationship Committee | 20(3A) | Yes | |
| 24 | Role of Stakeholders Relationship Committee | 20(4) | Yes | |
| 25 | Composition and role of risk management committee | 21(1),(2),(3),(4) | Yes | |
| 26 | Meeting of Risk Management Committee | 21(3A) | Yes | |
| 27 | Quorum of Risk Management Committee meeting | 21(3B) | Yes | |
| 28 | Gap between the meetings of the Risk Management Committee | 21(3C) | Yes | |
| 29 | Vigil Mechanism | 22 | Yes | |
| 30 | Policy for related party Transaction | 23(1), (1A), (5), (6), & (8) | Yes | |
| 31 | Prior or Omnibus approval of Audit Committee for all related party transactions | 23(2), (3) | Yes | |
| 32 | Approval for material related party transactions | 23(4) | Yes | |
| 33 | Disclosure of related party transactions on consolidated basis | 23(9) | Yes | |
| 34 | Composition of Board of Directors of unlisted material Subsidiary | 24(1) | NA | |
| 35 | Other Corporate Governance requirements with respect to subsidiary of listed entity | 24(2),(3),(4),(5) & (6) | Yes | |
| 36 | Alternate Director to Independent Director | 25(1) | NA | |
| 37 | Maximum Tenure | 25(2) | Yes | |
| 38 | Appointment, Re-appointment or removal of an Independent Director through special resolution or the alternate mechanism | 25(2A) | NA | |
| 39 | Meeting of independent directors | 25(3) & (4) | Yes | |
| 40 | Familiarization of independent directors | 25(7) | Yes | |
| 41 | Declaration from Independent Director | 25(8) & (9) | Yes | |
| 42 | Directors and Officers insurance | 25(10) | Yes | |
| 43 | Confirmation with respect to appointment of Independent Directors who resigned from the listed entity | 25(11) | NA | |
| 44 | Memberships in Committees | 26(1) | Yes | |
| 45 | Affirmation with compliance to code of conduct from members of Board of Directors and Senior management personnel | 26(3) | Yes | |
| 46 | Policy with respect to Obligations of directors and senior management | 26(2) & 26(5) | Yes | |
| 47 | Approval of the Board and shareholders for compensation or profit sharing in connection with dealings in the securities of the listed entity | 26(6) | NA | |
| 48 | Vacancies in respect Key Managerial Personnel | 26A(1) & 26A(2), 26A(3) | Yes | |
| Any other information to be provided - Add Notes | ||||
| Annexure II | ||
|---|---|---|
| III. Affirmations | ||
| Sr | Particulars | Compliance status (Yes/No/NA) |
| 1 | The Listed Entity has approved Material Subsidiary Policy and the Corporate Governance requirements with respect to subsidiary of Listed Entity have been complied | Yes |
| Any other information to be provided | Textual Information(1) | |
Text Block |
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| Textual Information(1) | The Company though has adopted a material subsidiary policy, the Company does not have a material subsidiary as on 31st March, 2026 | ||
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| Annexure II | ||
|---|---|---|
| 1 | Name of signatory | Pradeep Chugh |
| 2 | Designation | Company Secretary and Compliance Officer |
Additional Half yearly Disclosure |
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| Any Other Information for Disclosure of Loans / Guarantees / Comfort Letters / Securities Etc. | |||
| I. Disclosure of Loans/ guarantees/comfort letters /securities etc.refer note below | |||
| (A)Any loan or any other form of debt advanced by the listed entity directly or indirectly to | |||
| Entity | Aggregate amount advanced during six months | Balance outstanding at the end of six months | |
| Promoter or any other entity controlled by them | 0 | 0 | |
| Promoter Group or any other entity controlled by them | 0 | 0 | |
| Directors (including relatives) or any other entity controlled by them | 0 | 0 | |
| KMPs or any other entity controlled by them | 0 | 0 | |
| (B) Any guarantee / comfort letter (by whatever name called) provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed By | |||
| Entity | Type (guarantee, comfort letter etc.) | Aggregate amount of issuance during six months | Balance outstanding at the end of six months(taking into account any invocation) |
| Promoter or any other entity controlled by them | NA | 0 | 0 |
| Promoter Group or any other entity controlled by them | NA | 0 | 0 |
| Directors (including relatives) or any other entity controlled by them | NA | 0 | 0 |
| KMPs or any other entity controlled by them | NA | 0 | 0 |
| (C) Any security provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed by | |||
| Entity | Type of security (cash, shares etc.) | Aggregate value of security provided during six months | Balance outstanding at the end of six months |
| Promoter or any other entity controlled by them | NA | 0 | 0 |
| Promoter Group or any other entity controlled by them | NA | 0 | 0 |
| Directors (including relatives) or any other entity controlled by them | NA | 0 | 0 |
| KMPs or any other entity controlled by them | NA | 0 | 0 |
| (D) Additional Information | |||
| II. Affirmations | |||
| Affirmations | Compliance Status | Company Remarks | |
| All loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) given directly or indirectly by the listed entity to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company. | Yes | ||
| Name | Wangdo Hur | ||
| Designation | Chief Financial Officer | ||
| Place | Gurugram | ||
| Date | 29-Apr-2026 | ||
Signatory Details |
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|---|---|
| Name of signatory | Pradeep Chugh |
| Designation of person | Company Secretary and Compliance Officer |
| Place | Gurugram |
| Date | 29-Apr-2026 |
Investor Grievance Details |
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|---|---|
| No. of investor complaints pending at the beginning of Quarter | 0 |
| No. of investor complaints received during the Quarter | 4 |
| No. of investor complaints disposed off during the Quarter | 4 |
| No. of investor complaints those remaining unresolved at the end of the Quarter | 0 |
Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies- |
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| Any Other Information for Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies | |||||
| Sr. No. | Name of the unlisted company in which shares or voting rights have been acquired | Date of acquisition | Aggregate holding (% shares or voting rights) as at the end of the previous quarter | % shares or voting rights acquired during the quarter | Aggregate holding (% shares or voting rights) as at the end of the quarter |
Disclosure of Imposition of Fine or Penalty |
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| Any Other Information for Disclosure of Imposition of Fine or Penalty | |||||
| Sr. No. | Name of the authority | Nature and details of the action(s) taken or order(s) passed | Date of receipt of direction or order, including any ad interim or interim orders, or any other communication from the authority | Details of the violation(s)/ contravention(s) committed or alleged to be committed | Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible |
| 1 | Deputy Commissioner of Customs , Sea customs ,chennai | Customs Order is upheld and HMIL appeal is rejected | 03-Feb-2026 | Rejection of HMI HSN 8481 (valve) and Ordering to re-classify in 8409 w/o FTA benefits | Duty Rs 4,82,485 Fine Rs 4,00 ,000 penalty Rs 4,82,485 |
| 2 | Commissioner of Customs, Sea Customs, Chennai | Customs Order is upheld and HMIL appeal is rejected | 27-Jan-2026 | Import duty exemption wrongly claimed for the re-import of parts which were originally exported from India. | Duty - Rs. 7,88,123 Fine - Rs. 3,50,000 Penalty - Rs. 7,88,123 |
Disclosure of Updates to Ongoing Tax Litigations or Disputes |
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| Any Other Information for Disclosure of Updates to Ongoing Tax Litigations or Disputes | |||||
| Sr. No. | Name of the opposing party | Date of initiation of the litigation / dispute | Status of the litigation / dispute as per last disclosure | Current status of the litigation / dispute | |
| 1 | Income Tax | 10-Sep-2015 | Background: The Company had filed an appeal before the Income Tax Appellate Tribunal (“ITAT”) challenging the final assessment order dated September 26, 2018 passed by the Assistant Commissioner of Income Tax (“IT Department”) for the assessment year 2014-2015 for alleged variation of income due transfer pricing adjustment and tax treatment of certain transaction. Pursuant to the order passed by the ITAT dated March 16, 2022, both the Company and the Income Tax Department have challenged before the Hon'ble High Court of Madras on issues that were adjudged against them. Tax involved: Rs. 228.31 Crores With respect to matters which were remitted to Assessing Officer (A.O) by ITAT for verification, the A.O passed unfavourable order. On further appeal, the Company received favourable order from the ITAT. Tax involved: Rs 10.97 Crores The A.O while giving effect to the directions of the ITAT, provided only partial relief (Rs. 9.41 Crores) as against the complete relief granted by ITAT (Rs. 10.97 Crores). The Company has challenged the order of the A.O before the Commissioner of Income (Tax) Appeals (CIT(A)) on March 12, 2025 in respect of the relief not granted by the A.O. Tax Involved: Rs. 1.56 Crores | Issues appealed before High Court - Tax involved: Rs. 228.31 Crores - No change in Status Issue pending before the CIT(A) - Tax involved: Rs. 1.56 Crores - No change in Status | |
| 2 | Additional Director General (Adjudication) DGGI: Mumbai | 29-Oct-2021 | SUV Cars (Pre GST) : The Central Excise Intelligence department (DGGI) demanded differential Excise duty (3%) on certain SUV models (CRETA & Tucson) amounting to Rs.3574 Million along with equal penalty and Interest for the period Apr 2015 to Jun 2017. The Hon’ble Madras High Court informed the company to file appeal before Tribunal (CESTAT) and accordingly the company had filed appeal before Mumbai CESTAT in Oct 2024. | Pending before Mumbai CESTAT | |
| 3 | Additional Commissioner of Central GST Tax, Chennai | 19-May-2023 | GST Department demanded differential Compensation Cess (2%) on certain SUV models (CRETA & Tucson) amounting to Rs.2586 Million along with equal penalty and Interest for the period Sep 2017 to March 2020. The Commissioner (Appeals) upheld the order of adjudicating authority in July 2025. The Company had preferred Writ Petition before Hon’ble Madras High Court in Aug 2025. Writ Petition admitted & Interim Stay granted in Dec 2025 | Pending before Madras High Court | |
| 4 | Commissioner of Customs ,Chennai | 06-Jul-2016 | A show cause notice dated October 14, 2013 (“SCN”) had been issued by the Directorate of Revenue Intelligence (Department of Revenue) (“DRI”) under the Customs Act, 1962 alleging that the Company has evaded payment of applicable customs duty by declaring different prices on the same components/ goods in the bill of entries declared by the Company for the period from Fiscal 2006 to 2010 in connection with the goods imported from Hyundai Motor Company, the Promoter, in violation of the Customs Act, 1962. The Company has filed three appeals against the order dated June 15, 2015 passed by the DRI pursuant to the SCN imposing a differential duty of Rs.5,831.80 million against the Company and certain of its employees. The matters are currently pending. | Status Quo. Awaiting for the Dual price case to be heard in CESTAT Chennai for Final Order . | |
| 5 | Commissioner of Customs ,Chennai | 29-Sep-2023 | Classification of various Auto parts�- 8708. The Company has been importing Auto parts under the respective Customs Tariff� Heading . Customs audited� and found 35 parts are� wrongly classified� and SCN was issued demanding duty of Rs 287 Crores approx . The Company filed a suitable reply justifying the classification is correct . Customs accepted the reply for 22 parts and� the Order for balance 12 parts are awaited. | Status Quo. Awaiting for the Dual price case to be heard in CESTAT Chennai for Final Order . | |
| 6 | Union of India (Directorate of Anti Dumping and allied Duties) | 23-Apr-2014 | Alloy Wheels - The Company imports about 6635 TPA of alloy wheels from china/korea. By end of 2012 Aluminium association of India filed application with Ministry of commerce and Industry,� GoI, requesting for levy of anti- dumping duty on cast aluminium alloy wheels. Investigation was initiated on alloy wheels import & domestic company impact, and on 11-4-2014 , GoI, levied anti -dumping duty of US $ 1.37/kg on import of alloy wheels. 4 Writ Petitions were filed by the Company challenging the provisional order passed by the Department and was dismissed by Single judge of Hon'ble Madras High Court. The Company further filed 4 appeals before Division bench against the single judge order & 1 Writ Petition challenging Final Notification and is pending before the Hon'ble Madras High Court. Further, Govt. of India, filed transfer petition to Madras High Court for transfer of the case from Madras High Court to Supreme Court to hear along with batch matter. [Anti Dumping duty for the period from May 22, 2015 to March 31, 2024 was paid by the Company under protest was about INR 6,978 Million (approx.). | Status Quo Pending before the relevant Court. | |