Apollo Tyres Board Approves FY26 Audited Results, Recommends Final Dividend of ₹2.50/Share
Apollo Tyres approved FY26 audited financial results. The Board recommended a final dividend of ₹2.50 per share, bringing the total FY26 dividend to ₹6.00 per share. M/s. BBS Associates were appointed Cost Auditors for FY27. Ms. Lakshmi Puri's re-appointment as Independent Director for a second term starting October 29, 2026, will be proposed at the AGM.
The dividend recommendation and approval of financial results are material events for shareholders. The re-appointment of a director also has some impact on corporate governance.
The company reported its audited financial results and recommended a final dividend, which is generally viewed positively by investors. The re-appointment of an independent director also indicates stability.
Apollo Tyres Limited announced the outcome of its Board Meeting held on May 14, 2026. The Board approved the audited financial results, both standalone and consolidated, for the quarter and year ended March 31, 2026.
A final dividend of ₹2.50 per equity share (250%) on a face value of Re. 1 each for FY26 was recommended, subject to shareholder approval at the upcoming Annual General Meeting (AGM). This dividend will be paid/dispatched within 30 days of the AGM's conclusion. Combined with the interim dividend of ₹3.50 per equity share declared and paid during FY26, the total dividend for FY26 amounts to ₹6.00 per equity share (600%).
Furthermore, the Board approved the appointment of M/s. BBS Associates as the Cost Auditor for FY27, following the recommendation of the Audit Committee. The shareholders' approval will be sought at the AGM for the re-appointment of Ms. Lakshmi Puri as an Independent Director for a second term of 5 years, effective from October 29, 2026. The company also declared that the auditors, M/s. S. R. Batliboi & Co. LLP, have issued audit reports with unmodified opinions on the audited financial statements for the financial year ended March 31, 2026.
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Apollo Tyres Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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