Apollo Tyres Ltd shareholders approved a final dividend of ₹2.50 per equity share and reappointed key board members during the company’s 53rd Annual General Meeting (AGM) held on July 29, 2026. The meeting, conducted via Video Conferencing in compliance with Ministry of Corporate Affairs and SEBI circulars, also ratified the remuneration of cost auditors for the upcoming financial year.

The Board declared a 250% dividend for the financial year ended March 31, 2026, payable to shareholders holding shares on the record date of July 10, 2026. This distribution follows the adoption of the audited standalone and consolidated financial statements for FY26, which were reviewed by the Statutory Auditors and Secretarial Auditors without any qualification, reservation, adverse remark, or disclaimer.

Key Resolutions Passed

Shareholders voted on five items of business, comprising ordinary and special resolutions. The voting process included remote e-voting from July 26, 2026, to July 28, 2026, followed by e-voting during the meeting via the NSDL platform. Mr. P. P Zibi Jose was appointed as the Scrutinizer to supervise the process.

Board Appointments

The shareholders reappointed Mr. Vishal Mahadevia (DIN: 01035771) as a Director who retires by rotation. Although Mr. Mahadevia was unable to attend the meeting due to prior engagements, his reappointment was approved by the shareholders.

Additionally, the company secured approval for a special resolution to reappoint Ms. Lakshmi Puri as an Independent Director. She will serve a second term of five consecutive years, effective from October 29, 2026, to October 28, 2031. This appointment strengthens the independent oversight on the Board for the coming half-decade.

What the Numbers Show

The declaration of a 250% dividend, translating to ₹2.50 per equity share, signals management’s confidence in the company’s cash flow generation following the conclusion of FY26. With no qualifications raised by statutory or secretarial auditors in their respective reports, the financial integrity of the standalone and consolidated statements is affirmed. The reappointment of long-serving independent director Ms. Lakshmi Puri suggests continuity in governance strategy, while the ratification of cost auditor fees ensures compliance with regulatory requirements for manufacturing cost audits in FY27.

Apollo Tyres Ltd's promoter group has declared that it has not created any encumbrance on the company's equity shares during the financial year 2025-26. The disclosure, submitted to the stock exchanges, confirms that the shares held by the promoters are free from pledges or charges, either directly or indirectly. This assurance is crucial for investors as it indicates the absence of leveraging against the promoter's holdings, which could otherwise signal financial stress or risk.

The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Seema Thapar, the Company Secretary & Compliance Officer of apollo tyres , communicated the disclosure to BSE Ltd and National Stock Exchange of India Ltd on April 8, 2026. The regulation mandates periodic disclosures to ensure transparency regarding the holding status of promoters.

The disclosure encompasses the entire promoter group, listing 20 entities and individuals associated with Apollo Tyres Ltd. The list includes key corporate entities such as Sunrays Properties and Investments Company Private Limited, Apollo Green Energy Limited, and Classic Industries and Exports Limited. It also names individual promoters, including Mr. Onkar Kanwar, Mrs. Taru Kanwar, Mr. Neeraj Singh Kanwar, and Mr. Raaja Kanwar.

Promoter Group Entities

The following table details the companies and individuals comprising the promoter group of Apollo Tyres Ltd as per the filing: