APOLLOTYRENSEAPOLLO TYRES LTD· TyresHighNegative
Announced Thu, 6 Aug · 18:28 IST

Apollo Tyres CFO and Whole-time Director Gaurav Kumar resigns from board

Cfo ResignedKmp ResignedManagement Changes View source PDFExplain this filing

APOLLOTYRE · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹451.20
prior close
₹444.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.1-2.5-2.0-1.0-1.2-1.9-1.2-1.8-1.6-3.5-1.6-6.7
Up moveDown movePending
AI summary

Mr. Gaurav Kumar (CFO and Whole-time Director, 22+ years tenure) has resigned as Whole-time Director and Risk Management Committee member effective close of business August 6, 2026, to pursue new personal and professional challenges outside the organisation. He will continue as CFO only for a brief transition period and then cease to be part of senior management entirely. No other material reasons cited. Same board meeting also approved Q1 FY27 results: consolidated revenue about Rs 73,978 million, up nearly 13% year-on-year, net profit Rs 3,489 million versus Rs 129 million last year, EPS Rs 5.52.

Likely market impact

Watch for successor announcement as a 22-year veteran CFO exits; near-term continuity assured via transition support.