Corporate Governance14 May 2026, 04:41 pm
Apollo Tyres: Lakshmi Puri Re-appointment as Independent Director
AI Summary
Apollo Tyres Ltd is seeking shareholder approval at the upcoming 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 board has also approved the audited financial results for FY26 and recommended a final dividend of ₹2.50 per equity share. Additionally, M/s. BBS Associates has been appointed as the Cost Auditor for FY27.
Key Highlights
- Lakshmi Puri's re-appointment as Independent Director is subject to shareholder approval at the AGM.
- Final dividend of ₹2.50 per share recommended for FY26, in addition to the interim dividend of ₹3.50.
- BBS Associates appointed as Cost Auditor for FY27, replacing N.P. Gopalakrishnan & Co.
- Audited financial results for the quarter and year ended March 31, 2026, were approved.
Price Impact
More from APOLLOTYRE