NSEAction(s) initiated or orders passed9 Sept 2026 · 9 Sept 2026, 02:41 pm

Action(s) initiated or orders passed

Honda India Power Products Limited · HONDAPOWER

✦ AI SummaryRegulatory

Honda India Power Products Limited has received an assessment order from the Income Tax Authority with disallowances resulting in a tax demand of Rs 29.82 Crores for AY 2023-24. The company will file an appeal before the Income Tax Appellate Tribunal within the prescribed time limit. There is no material impact on the financial, operational, or other activities of the company.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment5/10

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Honda India Power Products Limited has informed the Exchange about Action(s) initiated or orders passed

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HONDAPOWER_09092026144045_Regulation30_09092026_Signed.pdf

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:H:01\TDA. Ref: HIPP/SE/2026-27 /35 Honda India Power Products Limited September 09, 2026 Head Office & Works : Plot No. 5, Sector-41, (Kasna) Corpo.-ate Relationship Department Greater NQida Industrial Development Area, BSE Limited Distt. Gautam Budh Nagar (U.P.) Pin-20131 o Phiroze Jeejeebhoy Towers, Tel. : +91-120-2590 100 Fax : +91-120-2590 350 251" Floor, Dalal Street, F01t, Website : www.hondaindiapower.com Mumbai - 400001 CIN: L40103DL2004PLC203950 E-mail : ho.mgt@hspp.com Listing Department National Stock Exchange of India Limited 5th Floor, Exchange Plaza, Bandra Kurla Complex, Banclra (E), Mumbai-400051 Scrip Code: NSE HONDAPOWER BSE 522064 Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015 Dear Sir/Madam, Pursuant to the provisions of Regulation 30 read with sub-para 20, para-A part A of Schedule Ill of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 (Listing Regulations), we hereby submit the disclosure regarding the order passed by the authorities as under: The details of the above order as required under Regulation 30 of Listing Regulations are given below: Name of the Authority Income Tax Authority Nature and details of the Assessment Order passed u/s 143(3) r.w.s. 144C (13) read with action(s) section 144B of the Income Tax Act for AY 2023-24 Date of receipt of 09-09-2026 08:47 A.M. communication from the authority Details of The Company has received assessment order with disallowances violation(s )/contravention(s) of certain expenditure resulting into tax demand (including committed or alleged to be interest) of Rs 29.82 Crores. committed Impact on financial, operation There is no material impact on the financial, operational, or other or other activities of the listed activities of the Company arising from this order. Similar issues entity, quantifiable in the pettaining to previous years have already been decided in favour monetary terms to the extent of the Company by the higher courts. possible. The Company will be filing an appeal before the Income Tax Appellate Tribunal within the prescribed time limit. In view of the above ou are re uested to take the above information on record. For Honda Incl" ts Limited Sunita Ganjoo Company Secre~v,r-~~ -,,...,_ iance Officer Honda India Power Products Limited (Formerly Honda Siel Power Products Limited) Regd. Office : 409, DLF Tower B, Jasola Commercial Complex, New Delhi -110025