Honda India Power Products Ltd (HONDAPOWER) — Announcement | 9 September 2026

9 September 2026 · BSE 🔴 High Importance Neutral

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

📢 Key Event

Tax assessment order imposes Rs 29.82 Cr demand

🔄 What Changed

New tax demand of Rs 29.82 Crores

🔮 What's Next

Appeal to be filed with Income Tax Appellate Tribunal

💡 Investor Takeaway

The tax demand is non-material and fully contestable through legal channels.

Honda India Power Products disclosed an Income Tax assessment order disallowing Rs 29.82 Crores in expenditures for AY 2023-24, resulting in a tax demand. The company confirmed no material impact on operations and plans to appeal the decision to the Income Tax Appellate Tribunal.

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About Honda India Power Products Ltd (HONDAPOWER)

Capital Goods · Capital Goods - Electrical Equipment · Listed on BSE

Market Cap: ₹1,895.94 CrP/E: 28.8ROE: 8.2%ROCE: 11.0%Div Yield: 1.42%

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📊 More HONDAPOWER filings

Announcement — 24 September 2026Honda India Power Products Ltd announced that its trading window will close on October 1, 2026, for ...
🔴 Announcement — 31 August 2026Honda India Power Products announced the appointment of Mr. Hideki Sawauchi as Senior Advisor-Purcha...
🟡 Voting Results — 27 August 2026Honda India Power Products Ltd shareholders approved all 10 AGM resolutions including a Rs 23 per sh...
🟡 Voting Results — 27 August 2026Honda India Power Products Ltd shareholders approved all 10 AGM resolutions, including a Rs 23 per s...
🟡 Board Meeting — 26 August 2026Honda India Power Products announced the appointment of Sameer Jain as Whole Time Director effective...

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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