New Launch25 Sept 2025, 12:39 pm
Honda India Power Products Ltd Expands Business to Electric Motor Unit Manufacturing
AI Summary
Honda India Power Products Ltd announced an alteration of the Object Clause in its Memorandum of Association to include the design, development, and manufacturing of an advanced Electric Motor Unit, branded as 'eGX'. The new product aims to cater to noise and emission sensitive environments such as educational institutions, hospitals, indoor facilities, and residential construction zones. The company has appointed M/s TVA & Co. LLP as the Secretarial Auditor for a term of 5 consecutive financial years commencing from the financial year 2025-26 to the financial year 2029-30.
Key Highlights
- Honda India Power Products Ltd is expanding its business operations to include the design, development, and manufacturing of an advanced Electric Motor Unit, 'eGX'.
- The 'eGX' product is envisioned to cater to noise and emission sensitive environments.
- M/s TVA & Co. LLP has been appointed as the Secretarial Auditor for a term of 5 consecutive financial years.