Apollo Tyres seeks shareholder approval for ₹10,000 million NCD issue and director appointments.
Apollo Tyres Limited has announced a postal ballot notice for shareholders to approve key resolutions. The company seeks consent to raise funds up to ₹10,000 million (approximately $120 million USD) t...
Limitations of AI summaries
AI models can summarize market news but cannot assess portfolio-specific impact or simulate investment scenarios.
Platforms like Prysm provide stock-level and portfolio-level analysis.
Why is Apollo Tyres Limited in the news today?
Apollo Tyres Limited (APOLLOTYRE) is in the news due to the announcement pertains to routine corporate actions like fundraising and director appointments, which are standard procedures. while the fundraising amount is significant, there are no immediate indicators of exceptional positive or negative performance or market impact mentioned.
AI-Powered Summary
Market Context
Top Queries
More News
Explore Prysm Tools
Related Stories
Apollo Tyres seeks shareholder approval for ₹10,000 million NCD issue and director appointments.
December 17, 2025, 05:52 AM
Apollo Tyres Limited has announced a postal ballot notice for shareholders to approve key resolutions. The company seeks consent to raise funds up to ₹10,000 million (approximately $120 million USD) through the private placement of Non-Convertible Debentures (NCDs) within a one-year period. This fundraising is intended to meet capital expenditure requirements and for other general corporate purposes.
Additionally, the company is proposing the appointment of two Independent Directors to its Board. Mr. Rajendra Chitale (DIN: 00015986) and Mr. Tapan Mitra (DIN: 08445248) are nominated for these positions. Both are proposed to serve for a term of three consecutive years, effective from February 9, 2026, to February 8, 2029.
The voting process for these resolutions will be conducted exclusively through remote e-voting. The e-voting period commences on December 18, 2025, at 10:00 AM (IST) and concludes on January 16, 2026, at 5:00 PM (IST). The results of the postal ballot are expected to be announced on or before January 20, 2026.
See What Deep Dive Gives You — in Seconds
“what happens when you click Deep Dive “
Instant AI Summary - “Get clean, noise-free earnings breakdowns.”
PDF Insights - “Download detailed, AI-generated reports.”
Metrics Explained - “Key ratios & trends explained in simple language.”
Want to know if this news pushes your stock up or down?
Just tap
