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Issue with rear drum brake, Eicher Motors to call in 26,300 Classic 350 bikes

Issue with rear drum brake, Eicher Motors to call in 26,300 Classic 350 bikes
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Eicher Motors to recall in 26,300 Classic 350 bikes due to issue with rear drum brake

Two-wheeler maker Eicher Motors Ltd on Monday announced call in of about 26,300 units of its Classic 350 models rolled out between September 1 and December 5 to set right an issue with rear drum brake.

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Siddharth Lal appointed Eicher Motors MD for 5 years starting May 1

The ordinary resolution to approve the payment of remuneration to Lal as the MD was also approved via postal ballot.

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Eicher Motors profit after tax jumps 73% to Rs 526 cr in March quarter

Eicher Motors Ltd on Thursday reported a 73 per cent jump in consolidated profit after tax at Rs 526.14 crore for the fourth quarter ended March 31, 2021, riding on better sales. The company had posted a consolidated profit after tax of Rs 304.28 crore in the fourth quarter of the previous fiscal, Eicher Motors Ltd said in a regulatory filing. Its consolidated total revenue from operations in January-March quarter stood at Rs 2,940.33 crore, compared with Rs 2,208.18 crore in the year-ago quarter. The group s two-wheeler arm Royal Enfield sold 2,03,343 motorcycles in the quarter, an increase of 25 per cent from 1,63,083 motorcycles sold over the same period in FY 2019-20, the company said.

Eicher motors ltdEicher motors ltd onRoyal enfieldMotors ltd managing director siddhartha lalேய்சேர் மோட்டார்கள் லிமிடெட்ேய்சேர் மோட்டார்கள் லிமிடெட் ஆன்அரச எந்‌ஃபீல்ட்மோட்டார்கள் லிமிடெட் நிர்வகித்தல் இயக்குனர் சித்தார்த்தா லால்