Apollo Tyres Recommends Final Dividend of ₹2.50/Share, Approves FY26 Results
Apollo Tyres recommended a final dividend of ₹2.50 per share for FY26, making the total dividend ₹6.00 per share. The company also 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 proposed.
The dividend announcement is a direct financial benefit to shareholders, and the approval of results provides clarity on the company's performance. The re-appointment of a director contributes to corporate governance stability.
The recommendation of a final dividend and approval of financial results are positive indicators for shareholders.
Apollo Tyres Limited announced its audited financial results for the quarter and year ended March 31, 2026. The Board of Directors recommended a final dividend of ₹2.50 per equity share (250%) on a face value of ₹1 each for FY26. This recommendation is subject to shareholder approval at the upcoming Annual General Meeting (AGM).
This final dividend is in addition to the interim dividend of ₹3.50 per equity share (350%) that was declared and paid during FY26. Consequently, the total dividend for FY26 amounts to ₹6.00 per equity share (600%). The dividend, if approved, will be paid or dispatched within 30 days from the conclusion of the AGM.
The Board also approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. Additionally, the company appointed M/s. BBS Associates as the Cost Auditor for FY27, following the recommendation of the Audit Committee. The Board also sought shareholder approval at the ensuing AGM for the re-appointment of Ms. Lakshmi Puri as an Independent Director for a second term of 5 years, effective October 29, 2026.
The Board meeting commenced at 1:00 PM and concluded at 3:35 PM on May 14, 2026. The audited financial results will be published in newspapers and will be available on the websites of the NSE, BSE, and the company.
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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 medium impact: worth reading, rarely worth acting on by itself.
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