Apollo Tyres postal ballot: NCD placement and two director appointments approved

Fund Raising View source PDF Explain this filing

APOLLOTYRE · price

Loading chart…

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

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

-1.4%Reaction day

₹510.35

prior close

₹512.80

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-2.5%+1.0% vs market

Tyres & Rubber Products peers, median of 15sector-1.2%-0.2% vs sector

On the reaction day the stock moved 1.0 pts more than Nifty Midcap 150 and 0.2 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

-0.6

10m

-1.2

15m

-1.4

30m

-1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.4-2.5+1.0-1.2-0.2

Next day

-1.7-3.5+1.8-1.0-0.7

-1.4-2.3+0.9-0.3-1.1

-2.5-4.0+1.5-2.0-0.6

-0.6-3.5+2.8-3.9+3.3

-1.9-1.9+0.0+0.0-1.9

-3.6-1.8-1.8-0.2-3.4

15d

-0.2+2.2-2.4+4.1-4.3

-10.7+0.2-10.9-2.6-8.1

-17.4-7.5-9.9-9.7-7.7

-13.7+0.7-14.4-2.4-11.3

UpDownMarket · Nifty Midcap 150Sector · Tyres & Rubber Products peers, median of 15Pending

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

AI summary

Three special resolutions were passed via postal ballot. These are: private placement of non-convertible debentures approved with 100 percent votes in favour, appointment of Rajendra Chitale as Independent Director approved with 99.93 percent in favour, and appointment of Tapan Mitra as Independent Director approved with 98.06 percent in favour. Total valid votes polled were about 53.47 crore shares. E-voting was held from December 18, 2025 to January 16, 2026.

Likely market impact

Shareholders have cleared the way for Apollo Tyres to raise funds through privately placed NCDs and two new independent directors have joined the board.