Honda India Power Share Price Alert! Board Fixes Record Date For Rs. 21.50 Dividend; Buy Today?

The record date for the final dividend for the fiscal year that ended on March 31, 2025, has been declared by Honda India Power Products. For more than thirty years, Honda India Power Products Ltd. (HIPP), formerly known as Honda Siel Power Products Ltd., has been a prominent player in the power products sector, manufacturing and marketing general-purpose engines, water pumps, tillers, and portable generators both domestically and internationally. It also markets long-tailed boat engines, brush cutters, and lawn mowers. The HONDA brand is used to market all of these products.

Honda India Power Products Dividend

"Your Directors are pleased to propose a final dividend at the rate of Rs. 21.50 (Rupees Twenty-One and Fifty paisa only) per equity share of the face value of Rs. 10/- each (215%), for financial year ended March 31, 2025. Dividend pay-out has been determined in accordance with the Company's dividend distribution policy. Dividend will be payable subject to approval of members at the ensuing Annual General Meeting and the deduction of tax at source to those Shareholders whose names appear in the Register of Members as on the Record Date," said Honda India Power in a stock exchange filing.

Honda India Power Products Dividend Record Date

"Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Register of Members and Share Transfer books of the Company will remain closed from Friday, September 19, 2025 to Thursday, September 25, 2025 (both days inclusive). Record date for ascertaining the member~ of the Company for the purpose of payment of Dividend has been fixed for September 18, 2025," said Honda India Power Products in a regulatory filing.

Honda India Power Products Target Price

"Honda India Power is showing strong bullish momentum after recent gains. Support is firmly placed at ₹2,850, while upside targets lie at ₹3,050-₹3,200 in the short term. Indicators remain positive, reflecting strong buying interest. A decisive close above ₹3,200 would confirm continuation of the uptrend, while ₹2,800 should be used as a strict stop-loss," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

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