
Management Change4 Nov 2026, 04:26 pm
Apollo Tyres Appoints Ravi Kumar Shingari as CFO
AI Summary
Apollo Tyres Ltd announced the appointment of Mr. Ravi Kumar Shingari as its new Chief Financial Officer (CFO), effective November 4, 2026. This decision was approved by the Board of Directors during a meeting where they also reviewed the un-audited financial results for the quarter and half-year ended September 30, 2026. The company also approved a proposal to raise funds up to Rs. 10,000 million through Non-Convertible Debentures (NCDs) via private placement, subject to shareholder approval. Mr. Shingari brings over two decades of experience in finance and tax, having previously served as a Partner at KPMG India and holding senior roles within Apollo Tyres.
Key Highlights
- Ravi Kumar Shingari appointed as Chief Financial Officer.
- Appointment effective from November 4, 2026.
- Board also reviewed Q2/H1 FY27 un-audited financial results.
- Company plans to raise up to Rs. 10,000 million via NCDs.
- Shingari has extensive experience in finance and taxation.
Price Impact
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