StockWatch
·
Passenger Cars & Utility Vehicles
Management Change5 Nov 2026, 07:04 pm

Hindustan Motors Reappoints CEO Prakash Sahu for 3 Years

AI Summary

Hindustan Motors Ltd announced the reappointment of Mr. Prakash Sahu as Chief Executive Officer for a further period of three years, effective February 8, 2027. Mr. Sahu brings over 32 years of diverse experience in operations, marketing, finance, and HR. The company also approved its unaudited financial results for the quarter ended September 30, 2026. Revenue from operations for the quarter was ₹1,113.86 Lakhs, with a net profit after tax of ₹79.00 Lakhs. The company will publish extracts of these results in Business Standard and Ekdin by November 7, 2026.

Key Highlights

  • Prakash Sahu reappointed as CEO for three years from Feb 8, 2027.
  • CEO brings over 32 years of experience in diverse business functions.
  • Unaudited financial results for Q2 FY27 approved.
  • Revenue from operations stood at ₹1,113.86 Lakhs.
  • Net profit after tax for the quarter was ₹79.00 Lakhs.