Postal ballot results - Whole-time Director appointment approved

Management Changes View source PDF Explain this filing

APOLLOTYRE · price

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▲ 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

-1.6%Reaction day

₹407.80

prior close

₹403.00

announcement price

In-mkt

timing

Nifty Smallcap 250market-2.4%+0.8% vs market

Tyres & Rubber Products peers, median of 16sector-1.1%-0.5% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Smallcap 250 and 0.5 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

-0.8

10m

-0.9

15m

-0.4

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.6-2.4+0.8-1.1-0.5

Next day

-1.9-1.9+0.0-0.6-1.3

-1.6-0.8-0.8-0.4-1.3

-1.4-0.5-1.0-0.1-1.3

-1.8-0.5-1.4-0.1-1.8

+1.5-1.6+3.1-0.9+2.4

+2.2-2.7+4.9-0.5+2.6

15d

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UpDownMarket · Nifty Smallcap 250Sector · 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 shareholders approved the appointment of Mr. Rajeev Kumar Sinha (DIN: 02625404) as a Whole-time Director through postal ballot. The ordinary resolution passed with 99.64 percent votes in favour (about 52.37 crore shares) against 0.36 percent (about 19.17 lakh shares). Of 63.51 crore outstanding shares, about 52.56 crore were polled.

Likely market impact

Routine board appointment via postal ballot. Adds a new executive director. Neutral to minimal effect expected on share price.