Apollo Tyres Recommends Final Dividend of ₹2.50 Per Share for FY26
Apollo Tyres recommended a final dividend of ₹2.50 per share for FY26. The 53rd AGM to approve the dividend is on July 29, 2026. The record date is July 10, 2026. Shareholders must submit TDS-related documents by July 13, 2026.
This is a standard communication regarding dividend distribution and TDS, which is a routine process for listed companies and does not significantly impact the company's operations or financial standing.
The announcement is a routine communication regarding dividend payout and associated tax regulations, with no significant positive or negative implications for the company's financial performance.
Apollo Tyres Limited has informed its shareholders about the tax deduction at source (TDS) on the final dividend for FY26. The Board of Directors recommended a final dividend of ₹2.50 per equity share of ₹1 each, subject to shareholder approval at the 53rd Annual General Meeting (AGM) scheduled for Wednesday, July 29, 2026, at 3:00 PM IST through Video Conferencing.
The record date for dividend entitlement has been set as Friday, July 10, 2026. The company will deduct tax at source on the dividend payment as per the provisions of the Income Tax Act, 2025. Specific TDS rates and documentation requirements are provided for resident and non-resident shareholders, including provisions for lower/nil tax deduction certificates and Double Taxation Avoidance Agreement (DTAA) benefits for non-residents.
Shareholders are required to submit necessary forms and documents online to the Registrar and Share Transfer Agent, KFin Technologies Limited, by Monday, July 13, 2026, to determine the appropriate TDS rate. Dividend payments will be made exclusively through electronic mode. Shareholders holding shares in physical form are urged to ensure their folio is KYC compliant for dividend release.
What to do with a filing like this
Apollo Tyres Limited filed this with the NSE as a statutory disclosure, categorised under dividend. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Apollo Tyres Limited. Read the original for the full detail.