Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hyundai Motor issued a corrected disclosure confirming the final disposal amount for the sale of existing shares in its Indian subsidiary (HYUNDAI MOTOR INDIA LIMITED) at KRW 4.39T, following the completion of the disposal with the final offer price set at 1,960 INR per share.
📊 [Key Disclosure Contents & Major Figures Summary]
- Disclosure Type: Correction Report (Decision on Disposal of Shares and Investment Certificates of Other Corporations)
- Original Filing Date: 2024-10-10
- Reason for Correction: Completion of disposal
- Issuing Entity: HYUNDAI MOTOR INDIA LIMITED (Indian Subsidiary)
1. Comparison of Major Corrections (Unit: KRW, %)
- Disposal Amount:
- Before: KRW 4,173,414,000,000 (approx. KRW 4.17T, based on bottom end of price band: 1,865 INR)
- After: KRW 4,392,394,000,000 (approx. KRW 4.39T, based on final IPO price: 1,960 INR)
- Percentage of Equity Capital:
- Before: 4.1%
- After: 4.3% (Relative to consolidated equity capital of approx. KRW 101.81T at year-end 2023)
2. Details of Disposal Decision
- Number of Shares Disposed: 142,194,700 shares (Secondary offering)
- Post-Disposal Shares Held & Ownership Ratio: 670,346,400 shares (82.5%)
- Purpose of Disposal: Sale of existing shares pursuant to IPO
- Expected Disposal Date: 2024-10-21 (1 business day prior to listing date)
- Board Resolution Date: 2024-10-08 (7 Independent Directors attended, 0 absent)
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Share Disposal Completion and Final Disposal Amount / Ownership Ratio
This filing provides a corrected disclosure confirming the final transaction value of approximately KRW 4.39T for the sale of existing shares in Hyundai Motor India Limited at the IPO price of 1,960 INR per share. Verifying that the share disposal is completed as scheduled relative to the expected disposal date (2024-10-21) and checking the final disposal amount and ownership ratio is important for confirming corporate transaction execution. Details can be verified in future periodic reports.
📢 Disclaimer & Source Notice
Source: This content has been structured and newly created based on official submission data from the Financial Supervisory Service’s DART system.
Investment Risk Warning: This content is provided for informational and language reference purposes only. Under no circumstances does it constitute financial advice or a recommendation to buy or sell specific securities. All investment decisions and financial responsibilities rest entirely with the individual investor.
Contact: For compliance inquiries or copyright requests, please contact ksb220805@gmail.com.
