Apollo Tyres Ltd has issued a postal ballot notice seeking shareholder approval to appoint Rajeev Kumar Sinha (DIN: 02625404) as Whole-Time Director for a period of 5 years, effective August 13, 2026 to August 12, 2031. The company dispatched the notice via email on September 7, 2026, with e-voting commencing on September 8.
Appointment and background
The Board of Directors, on the recommendation of the Nomination and Remuneration Committee, appointed Rajeev Kumar Sinha as an Additional Director and Whole-Time Director at its meeting held on August 13, 2026. He is designated as "Whole-Time Director & Chief Manufacturing & Sustainability Officer." Rajeev Kumar Sinha joined Apollo Tyres on April 3, 2025, as Chief Manufacturing Officer and is presently designated as Chief Manufacturing & Sustainability Officer, leading the global manufacturing and sustainability team. He is aged about 57 years and holds a Mechanical Engineering degree from IIT Kanpur.
He brings more than 36 years of experience across multiple geographies, industries, and functions, having worked with organisations including Cipla, Glenmark, PepsiCo, and Cadbury. At Cipla, he served as Global Chief Manufacturing Operations. At Glenmark, he held the roles of Executive Vice President & Global Head of Formulations Operations and Executive Vice President & Global Head of Manufacturing Formulations. At PepsiCo, he served as Senior Director of SC Operations, Director Operations for Productivity & Sustainability, and Director Operations for the North Market Unit.
Remuneration details
The terms and conditions of appointment, as detailed in the explanatory statement, are summarised below:
| Component |
Details |
| Salary |
₹31.25 lakhs per month (approx.), with annual increases |
| Perquisites, allowances & other benefits |
Capped at 100% of annual salary |
| Performance linked bonus/commission |
₹18.76 lakhs per month or as approved by the Board, subject to a ceiling of 1.5% of net profit under Section 198 of the Companies Act, 2013 |
| Remuneration drawn in FY26 |
₹7.94 crore as Chief Manufacturing Officer |
Additional benefits include communication facilities, office space, official travel for himself and his spouse, car(s) for company business, housing, education and medical loans, credit card reimbursement, and entertainment expense reimbursement. Contributions to provident fund, superannuation fund or annuity fund, and gratuity are payable as per company rules and are excluded from the perquisites ceiling.
E-voting process and timeline
The resolution is proposed as an Ordinary Resolution to be passed exclusively through remote e-voting via NSDL. The cut-off date for determining eligible shareholders is Friday, August 28, 2026. Key dates for the e-voting process are as follows:
| Event |
Date and time |
| E-voting opens |
September 8, 2026 at 10:00 am |
| E-voting closes |
October 7, 2026 at 5:00 pm |
| Result announcement |
On or before October 9, 2026 at 5:00 pm |
If passed by the requisite majority, the resolution shall be deemed to have been passed on October 7, 2026. Results, along with the scrutinizer's report, will be communicated to BSE Limited and National Stock Exchange of India Limited and displayed on the company's website.
Mr. P.P. Zibi Jose, Practicing Company Secretary (CP No. 1222), has been appointed as the Scrutinizer for conducting the Postal Ballot process. Shareholders who have not received the Postal Ballot Notice can download it from the company's website or contact investors@apollotyres.com .
Additional disclosures
Rajeev Kumar Sinha does not hold directorship or committee membership in any other company and has not resigned from any listed company in the past 3 years. He does not hold any shares in Apollo Tyres, either directly or as beneficial interest. He has no inter-se relationship with any other Director or Key Managerial Personnel of the company. In the event of absence or inadequacy of profits in any financial year, he will be paid salary and perquisites as minimum remuneration in accordance with Section II of Part II of Schedule V of the Companies Act, 2013.
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