Apollo Tyres has fixed Friday, August 28, 2026, as the cut-off date for eligible shareholders to receive notices for a postal ballot. The vote concerns the appointment of Mr. Rajeev Kumar Sinha as Whole-time Director.

The Board of Directors approved seeking shareholder consent via an ordinary resolution during its meeting on August 13, 2026. The company issued the intimation on August 25, 2026.

Key Details

• Resolution Type: Ordinary resolution through postal ballot and e-Voting
• Purpose: Appointment of Mr. Rajeev Kumar Sinha (DIN: 02625404) as Whole-time Director
• Board Approval Date: August 13, 2026
• Record Date: August 28, 2026
• Intimation Date: August 25, 2026

The notice was signed by Seema Thapar, Company Secretary & Compliance Officer, and dispatched to the National Stock Exchange of India Ltd., BSE Ltd., Central Depository Services (India) Limited, and National Securities Depository Ltd.

The operating margins of major Indian tyre manufacturers are expected to fall 200-250 bps to around 12% in FY27, as a 35-40% surge in natural rubber and crude-linked input costs outpaces the pace of price hikes, according to a newspaper report.

Input cost pressure mounts for tyre sector

Apollo Tyres , Ceat, and MRF are among the companies facing this margin headwind. The report highlights that the sharp rise in raw material costs, driven by natural rubber prices and crude oil-linked inputs, is the primary factor compressing profitability across the sector.

Key metrics at a glance

The following table summarises the margin outlook and cost pressures cited in the report:

Pricing actions insufficient to offset cost rise

The report indicates that price hikes undertaken by tyre makers have not been sufficient to fully offset the steep increase in input costs. The 35-40% rise in natural rubber and crude-linked raw material expenses is outpacing the revenue benefit derived from price increases, resulting in the projected contraction in operating margins.

The anticipated decline of 200-250 bps would bring sector operating margins down to around 12% in FY27, reflecting the scale of the cost challenge facing these manufacturers.