Apollo Tyres Recommends Final Dividend of ₹2.50/Share; Approves FY26 Audited Results
Apollo Tyres recommended a final dividend of ₹2.50 per share for FY26, bringing the total FY26 dividend to ₹6.00 per share. The company approved its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. Ms. Lakshmi Puri's re-appointment as Independent Director was also approved.
The dividend payout and re-appointment of a director are significant corporate actions that can influence investor sentiment and governance.
The recommendation of a final dividend and the approval of audited financial results are positive developments for the company.
Apollo Tyres Limited announced the outcome of its Board Meeting held on May 14, 2026. The Board approved the audited financial results for the quarter and year ended March 31, 2026, both on a standalone and consolidated basis.
A final dividend of ₹2.50 per equity share (250%) on face value of ₹1 each has been recommended for FY26, subject to shareholder approval at the upcoming Annual General Meeting (AGM). This dividend, payable within 30 days of the AGM conclusion, is in addition to the interim dividend of ₹3.50 per equity share declared and paid during FY26, bringing the total dividend for FY26 to ₹6.00 per equity share (600%).
Furthermore, the Board approved the appointment of M/s. BBS Associates, Cost Accountants, as the Cost Auditor for FY27, based on the recommendation of the Audit Committee. The re-appointment of Ms. Lakshmi Puri as an Independent Director for a second term of 5 years, effective October 29, 2026, was also approved, pending shareholder approval at the ensuing AGM. Ms. Puri is not debarred from holding directorships by any regulatory authority.
The Board meeting commenced at 1:00 PM and concluded at 3:35 PM.
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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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