
Board Meeting21 May 2026, 05:11 pm
Honasa Consumer Re-appoints Subramaniam Somasundaram as Director
AI Summary
Honasa Consumer Ltd's board re-appointed Mr. Subramaniam Somasundaram as an Independent Director for a second term of five years, effective from February 11, 2027, to February 10, 2032, subject to shareholder approval. The board also approved a maiden final dividend of ₹3 per equity share (30% of face value of ₹10 each) for FY26, pending shareholder approval at the AGM. Additionally, BDO India Services Private Limited was appointed as Internal Auditors for FY27, and senior management personnel were designated.
Key Highlights
- Subramaniam Somasundaram re-appointed as Independent Director for five years.
- Maiden final dividend of ₹3 per share recommended for FY26.
- BDO India Services appointed as Internal Auditors for FY27.
- Vipul Maheshwari, Nishchay Bahl, and Nilesh Kotalwar designated as Senior Management Personnel.
Price Impact
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