Dividend14 May 2026, 04:41 pm
Apollo Tyres Recommends Final Dividend of ₹2.50 Per Share
AI Summary
Apollo Tyres Ltd's Board of Directors has recommended a final dividend of ₹2.50 per equity share (250% on face value of Re. 1 each) for FY26, subject to shareholder approval at the upcoming AGM. This is in addition to an interim dividend of ₹3.50 per share (350%) already paid during FY26, bringing the total dividend for FY26 to ₹6.00 per share (600%). The board also approved the appointment of M/s. BBS Associates as Cost Auditor for FY27 and is seeking shareholder approval for the re-appointment of Ms. Lakshmi Puri as an Independent Director for a second term of 5 years.
Key Highlights
- Apollo Tyres recommends a final dividend of ₹2.50 per share for FY26.
- Total dividend for FY26 amounts to ₹6.00 per share, including the interim dividend.
- BBS Associates appointed as Cost Auditor for FY27.
- Shareholder approval sought for re-appointment of Independent Director Ms. Lakshmi Puri.
Price Impact
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