Apollo Tyres Ltd has announced a board meeting scheduled for February 4, 2026, to consider crucial financial matters including quarterly results and dividend declaration. The company has informed stock exchanges about this important corporate development in compliance with regulatory requirements.

Board Meeting Agenda

The Board of Directors meeting will address two primary matters of significant importance to shareholders and investors:

The meeting has been scheduled in accordance with Regulations 29, 33 & 50 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring full regulatory compliance.

Trading Window Restrictions

Apollo Tyres has implemented trading window restrictions to maintain market integrity during the financial results period. The company had previously communicated on December 29, 2025, about the closure of the trading window for dealing in company securities.

This trading restriction applies to all company insiders and is designed to prevent any potential misuse of unpublished price-sensitive information ahead of the quarterly results announcement.

Regulatory Compliance and Communication

The announcement was made through official communication to both major stock exchanges where Apollo Tyres shares are listed. The company secretary and compliance officer, Seema Thapar, signed the formal intimation dated January 23, 2026, ensuring proper documentation and regulatory adherence.

The communication was addressed to both BSE Ltd and the National Stock Exchange of India Ltd, maintaining transparency with all relevant market authorities. This formal notification process demonstrates the company's commitment to maintaining high standards of corporate governance and regulatory compliance.

Key Dates for Investors

Investors and stakeholders should note the following important dates related to this corporate announcement:

• Board Meeting Date: February 4, 2026
• Results Period: Quarter and nine months ended December 31, 2025
• Interim Dividend Record Date: February 10, 2026 (if declared)
• Trading Window Reopening: February 6, 2026

The interim dividend declaration, if approved by the board, will benefit shareholders who hold shares as of the record date of February 10, 2026.

Apollo Tyres Vice-Chairman Neeraj Kanwar expressed strong confidence in the Indian market during the World Economic Forum 2026 in Davos-Klosters, Switzerland, projecting double-digit growth for 2026. The optimistic outlook comes as recent GST cuts have strengthened consumer spending power and improved tyre replacement demand, which Kanwar directly linked to enhanced road safety.

Strong Indian Market Performance

Kanwar highlighted Apollo's robust performance across multiple vehicle segments in India, with the company expanding its presence in two-wheelers while gaining market share in traditional segments. The GST reductions have created a favorable environment for increased consumer spending, directly benefiting the tyre replacement market.

The company's sponsorship of the national cricket team since October has proven effective in expanding brand recognition in rural markets, boosting distribution for passenger cars and two-wheelers. Kanwar noted that 2026 marks Apollo's 50th year since its first hire in November 1976, emphasizing the company's long-term commitment to the market.

European Market Challenges

In stark contrast to India's promising outlook, Apollo faces significant headwinds in Europe. The company is achieving only 1-2% growth in the region, operating primarily in the niche, high-end segment of ultra-high-performance tyres of 17 inches and above. Despite outperforming the broader market, profitability remains under pressure.

Kanwar identified rising imports of cheaper Chinese tyres as a structural challenge for Europe, noting that while India benefits from protective tariffs, Europe lacks such protection. He stated he sees no indication of recovery in the European market yet.

Strategic Restructuring

To address European challenges, Apollo is implementing significant operational changes. The company plans to shut its Netherlands plant by June or July 2026, shifting production to Hungary and India. This restructuring aims to lower the cost base and improve margins over time.

Additionally, Apollo has begun cutting overheads and reducing advertising and publicity spend in Europe. The company is investing more heavily in research and development and brand building to compete on technology rather than price, differentiating itself from lower-cost Chinese competitors.

Raw Material Outlook

Regarding input costs, Kanwar reported that raw material costs have stabilized after earlier increases. He expects costs to remain broadly at current levels, with a possible 1-2% rise over the next two quarters, providing some predictability for operational planning.

Market Performance

Apollo Tyres shares were trading marginally lower at ₹506.90 on January 20, reflecting mixed market sentiment amid the company's contrasting regional outlooks and strategic restructuring plans.