Apollo Tyres completes closure of Netherlands Enschede plant

Capex & Operations View source PDF Explain this filing

APOLLOTYRE · price

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Price reactionminutes from the announcement price · days from the prior close

-0.0%Reaction day

₹430.55

prior close

₹431.75

announcement price

After-mkt

timing

Nifty Midcap 150market+0.2%-0.3% vs market

Tyres & Rubber Products peers, median of 16sector+0.0%-0.1% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Midcap 150 and 0.1 pts less than its Tyres & Rubber Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.4

10m

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15m

-0.6

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.0+0.2-0.3+0.0-0.1

Next day

+6.3+0.7+5.6+4.0+2.2

+4.2+0.5+3.7+3.7+0.5

+5.6+0.9+4.7+2.5+3.1

+5.5+0.6+4.9+1.5+4.0

+2.2-1.0+3.3+0.3+1.9

+2.4+1.7+0.7+2.3+0.2

15d

-1.0+0.7-1.6-3.4+2.4

+1.7+2.8-1.1+0.9+0.8

+2.8+2.1+0.7-1.7+4.5

-6.2-5.0-1.2-3.4-2.8

UpDownMarket · Nifty Midcap 150Sector · Tyres & Rubber Products peers, median of 16Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Apollo Tyres' wholly owned Dutch subsidiary, Apollo Tyres (NL) B.V., has discontinued tyre production and closed manufacturing operations at its Enschede plant effective June 30, 2026. The closure follows necessary approvals from the ATNL Works Council and Supervisory Board. This is the final step of the wind-down announced in April 2025, completing the exit from Netherlands-based tyre production.

Likely market impact

Closure ends a likely loss-making European facility, which may lift consolidated margins but reduce Netherlands revenue contribution over the short term.