Apollo Tyres Ltd has received an ESG (Environmental, Social, and Governance) rating of 68 from ESG Risk Assessments & Insights Limited, as disclosed in a regulatory filing dated January 8, 2026. The rating was voluntarily assigned to the tyre manufacturer and communicated to stock exchanges under mandatory disclosure requirements.

Regulatory Compliance and Disclosure

The company made the disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. This regulatory framework requires listed companies to inform exchanges about material developments, including ESG ratings.

Corporate Communication

The disclosure was signed by Seema Thapar, Company Secretary & Compliance Officer of Apollo Tyres Ltd, and submitted to both the National Stock Exchange of India Ltd and BSE Ltd. The company has also made this information available on its official website at www.apollotyres.com , ensuring transparency for all stakeholders.

Company Information

Apollo Tyres Ltd operates from its corporate office at 7 Institutional Area, Sector 32, Gurugram 122001, with its registered office located at 3rd Floor, Areekal Mansion, Panampilly Nagar, Kochi 682036. The company holds CIN L25111KL1972PLC002449 and maintains GST registration number 06AAACA6990Q1Z2.

The ESG rating disclosure reflects the company's commitment to maintaining transparency in its environmental, social, and governance practices, providing investors and stakeholders with standardized metrics to evaluate the company's sustainability performance.

Apollo Tyres , a leading tire manufacturer, has emerged victorious in a significant tax litigation case, marking a substantial financial relief for the company. The Madras High Court has quashed proceedings initiated under Section 74 of the Central Goods and Services Tax (CGST) Act against Apollo Tyres, effectively setting aside a demand of Rs 2,791 million in a matter related to composite supply.

Key Highlights of the Court Decision

• Proceedings Quashed: The Madras High Court has nullified the proceedings initiated under Section 74 of the CGST Act against Apollo Tyres.
• Financial Impact: The court's decision has resulted in the elimination of a Rs 2,791 million tax demand against the company.
• Case Background: The litigation was related to a composite supply matter, details of which were previously disclosed to the exchanges in August 2023.

Implications for Apollo Tyres

This legal victory represents a significant financial reprieve for Apollo Tyres, potentially strengthening its financial position. The quashing of the tax demand not only eliminates a substantial liability but also brings closure to a pending legal issue that had been hanging over the company since at least August 2023.

Financial Context

While this legal development is noteworthy, it's important to view it in the context of Apollo Tyres' overall financial health. Based on the most recent balance sheet data available:

The resolution of this Rs 279.1 crore (2,791 million) tax liability, while significant, should be considered in light of the company's total asset base of over Rs 27,000 crore.

Conclusion

The Madras High Court's decision marks a positive development for Apollo Tyres, alleviating a substantial tax burden and resolving a pending legal issue. This outcome may contribute to improved investor confidence and potentially impact the company's financial planning and strategies moving forward. However, stakeholders should continue to monitor the company's overall financial performance and market position for a comprehensive understanding of its prospects.