Honeywell Automation India Ltd. announced its 42nd AGM on July 29, 2026. Key agenda items include a proposed final dividend of ₹110 per share and approval for related party transactions up to ₹950 crore with Honeywell International Inc.
Honeywell Automation India Ltd. Announces AGM Details
The 42nd Annual General Meeting (AGM) of Honeywell Automation India Limited (HAIL) will take place on July 29, 2026, conducted virtually via Video Conferencing (VC) or Other Audio Visual Means (OAVM).
Reader Takeaway: Proposed ₹110 dividend is a key shareholder event, while RPT approvals show deep global integration.
What just happened
Honeywell Automation India Ltd. has scheduled its 42nd Annual General Meeting (AGM) for July 29, 2026. The meeting will be held virtually.
Why this matters
The AGM agenda includes crucial proposals such as a final dividend of ₹110 per equity share for the financial year ended March 31, 2026. Shareholders will also vote on significant related party transactions (RPTs) and the re-appointment of a director.
The backstory
Honeywell Automation India Ltd. is an affiliate of Honeywell International Inc., focusing on automation and control solutions. The company's integration within the global Honeywell supply chain necessitates regular approvals for transactions with its parent and fellow subsidiaries.
What changes now
Shareholders will vote on the proposed dividend, the appointment of a cost auditor, and material RPTs. The re-appointment of Mr. Ashish Kumar Modi as Director is also on the agenda. Approval of RPTs will allow transactions up to ₹950 crore with Honeywell International Inc. and ₹770 crore with Honeywell Measurex (Ireland) Limited for FY 2026-27.
Risks to watch
While RPTs are proposed on an arm's length basis, the limited competitive bidding due to specialized products is noted. Investors should monitor the scope and impact of these inter-company transactions.
Peer comparison
Information on peer companies' AGM agendas, dividend policies, and RPT frameworks is not detailed in this filing but is a standard governance practice across the industrial automation sector.
Context metrics (time-bound)
- AGM Date: July 29, 2026
- Proposed Dividend: ₹110 per equity share
- Dividend Record Date: July 17, 2026
- Dividend Payment Date: On or after August 5, 2026
- RPT Limit (HII): ₹950 crore for FY 2026-27
- RPT Limit (HMIL): ₹770 crore for FY 2026-27
- Cost Auditor Fee: ₹0.07 crore for FY 2026-27
What to track next
Investors should follow the outcome of the AGM votes, particularly on the dividend payout and the RPT approvals. Registration for e-voting and speaker participation deadlines should also be noted.