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Hyundai Motor India: Postal Ballot Results - Tarun Garg Appointment
Hyundai Motor India Limited's postal ballot results show strong shareholder support for the appointment of Mr. Tarun Garg as Managing Director and CEO, effective January 1, 2026. Out of 779,440,833 total shares, 764,771,246 votes were polled. A significant 762,841,211 votes were in favor, representing 99.75% of the votes polled. Only 1,930,035 votes were against the resolution, indicating minimal opposition.
Key Highlights
762,841,211 votes in favor of Tarun Garg's appointment
1,930,035 votes against the resolution
99.75% of votes polled were in favor
Total of 779,440,833 shares eligible for voting
Scrutinizer's report issued on 15-12-2025
👀 What to Watch
The near-unanimous approval suggests confidence in the new leadership. Investors should monitor Hyundai's performance under Mr. Garg's direction, especially strategic initiatives and market share.
Hyundai Motor India Sales Up 9.1% to 66,840 Units in November 2025
Hyundai Motor India reported a total sales of 66,840 units in November 2025, reflecting a 9.1% year-on-year growth. Domestic sales reached 50,340 units, a 4.3% increase compared to the previous year. The company's export sales grew significantly by 26.9% to 16,500 units. The all-new Hyundai VENUE received strong customer response, with over 32,000 bookings within a month of its launch.
Key Highlights
Total sales reached 66,840 units in November 2025, a 9.1% YoY growth.
Domestic sales grew by 4.3% to 50,340 units in November 2025.
Export sales increased by 26.9% to 16,500 units in November 2025.
The all-new Hyundai VENUE received over 32,000 bookings within a month.
👀 What to Watch
Investors should note the positive sales growth and strong demand for the new VENUE. Monitor upcoming sales figures and new model launches for continued growth indicators.