
Hyundai Motor India Approves Q2 Results, Announces Dividend and Key Leadership Changes
Hyundai Motor India Limited announced several material outcomes following its Board of Directors meeting held on July 30, 2026. The company reviewed its performance for the quarter ending June 30, 2026, finalized matters related to dividend declaration, and made key appointments across senior management roles and auditing functions.The Board meeting, which commenced at 12:30 P.M. (IST) and concluded at 03:10 P.M. (IST), reviewed the un-audited financial results, both consolidated and standalone, for the quarter ended June 30, 2026.
Related to shareholder benefits, the Board confirmed the dividend previously declared on May 08, 2026. A final dividend of Rs. 21 /- per equity share was set, subject to approval by shareholders in the forthcoming Annual General Meeting. The record date for this Final Dividend has been fixed as Wednesday, August 05, 2026.
Senior Management and Leadership Appointments
The Board meeting oversaw significant changes in the company's leadership structure. Mr. Gopalakrishnan CS concluded his tenure as a Whole-time Director and Chief Manufacturing Officer due to superannuation, with the cessation effective from August 31, 2026.In response to this change, the Board approved the appointment of Mr. Mukundan MS as the new Whole-time Director and Chief Manufacturing Officer, effective September 01, 2026. The appointment of Mr. MS is subject to shareholder approval at the next Annual General Meeting. Furthermore, Mr. Young Geon Kim was appointed as Senior Management Personnel with immediate effect from August 01, 2026.
Details regarding these management appointments and changes are provided below:
| Person | Role / Outcome | Date of Change |
|---|---|---|
| Mr. Mukundan MS | Appointed as Whole-time Director and Chief Manufacturing Officer | Effective September 01, 2026 |
| Mr. Young Geon Kim | Appointed as Senior Management Personnel | Effective August 01, 2026 |
| Mr. Gopalakrishnan CS | Cessation of term as Whole-time Director and CMO due to superannuation | Effective August 31, 2026 |
Cost Auditor Re-appointment
The Directors also approved the re-appointment of M/s. Geeyes & Co. as the Cost Accountant for the financial year 2026-27. The firm was appointed on July 30, 2026.M/s. Geeyes & Co., established in 1994, has extensive experience in Industry and Consulting, including Cost Audits and Excellence Assessments across various sectors. Their specializations include Corporate Strategy, Sustainability, Business Excellence, Total Cost Management, Enterprise Risk Management, Corporate Governance, Project Management, Energy and Environmental Management, and Supply Chain Management.
Key details regarding the re-appointment of the Cost Auditor are summarized in the table below:
| Firm Name | Role | Date of Appointment | Term |
|---|---|---|---|
| M/s. Geeyes & Co. | Cost Accountant | July 30, 2026 | Financial Year 2026-27 |
The company also announced that its 30th Annual General Meeting is scheduled to be held on Wednesday, August 26, 2026, via Video Conferencing mode.
HYUNDAI Stock Price Movement
Today, Hyundai Motor India Limited shares edged higher to close at ₹2018.20, securing a 2.38% gain in post-market trading. The stock saw a narrow intraday range between ₹1980.10 and ₹2047.80, with a total traded volume of 735,778 shares recorded for the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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