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Apollo Tyres Ltd (APLO.NS)

APLO.NS on National Stock Exchange of India

235.10INR
14 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Apollo Tyres Says Onkar S Kanwar, Neeraj Kanwar Agreed To Reduce Compensation For FY19
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Apollo Tyres Ltd ::ONKAR S KANWAR AND NEERAJ KANWAR HAVE VOLUNTARILY AGREED TO REDUCE THEIR COMPENSATION FOR FY19.APPROVED SEEKING SHAREHOLDERS NOD FOR RE-APPOINTMENT OF NEERAJ KANWAR AS MD WITH EFFECT FROM MAY 28, 2019 TILL MARCH 31, 2024.RECOMMENDS TO SHAREHOLDERS THAT PERFORMANCE-BASED REMUNERATION BE TARGETED AT ABOUT 70 PERCENT OF TOTAL COMPENSATION.BOARD RECOMMENDS TO SHAREHOLDERS FOR APPROVAL THAT CAP ON TOTAL PROMOTER COMPENSATION IS SET AT 7.5 PERCENT OF PROFIT BEFORE TAX (PBT).RECOMMENDS TO SHAREHOLDERS THAT ANNUAL INCREMENTS FOR FIXED PORTION OF PROMOTER COMPENSATION BE IN LINE WITH CO'S SENIOR PROFESSIONALS.NRC FURTHER RECOMMENDED, AND BOARD TAKEN ON RECORD, THAT 7.5 PERCENT CAP ON PROMOTER COMPENSATION BE FURTHER REDUCED OVER PERIOD OF TIME.NRC'S REVISED PROPOSAL TO RESULT IN REDUCTION OF ABOUT 30 PERCENT IN OVERALL COMPENSATION FOR NEERAJ KANWAR AND ONKAR S KANWAR.  Full Article

India's Apollo Tyres Sept-Qtr Profit Rises
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Apollo Tyres Ltd ::SEPT QUARTER CONSOL PROFIT 1.46 BILLION RUPEES VERSUS PROFIT OF 1.40 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR SEPT QUARTER CONSOL PROFIT WAS 2.18 BILLION RUPEES.SEPT QUARTER CONSOL SALES 41.92 BILLION RUPEES VERSUS 34.18 BILLION RUPEES LAST YEAR.  Full Article

Apollo Tyres Says Production Ops At Perambra And Kalamassery Disrupted Due To Floods
Monday, 20 Aug 2018 

Aug 20 (Reuters) - Apollo Tyres Ltd ::SAYS PRODUCTION OPERATIONS AT PERAMBRA AND KALAMASSERY, KERALA HAVE BEEN DISRUPTED DUE TO FLOODS.SAYS PRODUCTION LOSS DUE TO THIS NATURAL CALAMITY IS 1500 MT (APPROXIMATELY) TILL MONDAY.SAYS CONSEQUENTIAL LOSS OF PROFIT IS NOT SIGNIFICANT.  Full Article

India's Apollo Tyres June-Qtr Consol Net Profit Rises
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Apollo Tyres Ltd ::JUNE QUARTER CONSOL NET PROFIT 2.52 BILLION RUPEES VERSUS PROFIT OF 883 MILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR JUNE QUARTER CONSOL PROFIT WAS 2.32 BILLION RUPEES.APPROVES RE-APPOINTMENT OF NEERAJ KANWAR AS MANAGING DIRECTOR.JUNE QUARTER CONSOL SALES 42.49 BILLION RUPEES VERSUS 35.13 BILLION RUPEES LAST YEAR.  Full Article

PTL Enterprises says co to invest internal accruals/surplus fund of 400 million rupees in equity shares of Apollo Tyres
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Apollo Tyres Ltd ::To invest internal accruals/surplus fund of 400 million rupees in equity shares of Apollo Tyres via open market purchase‍​.  Full Article

India's Apollo Tyres Sept-qtr consol profit down 46 pct
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Apollo Tyres Ltd ::Sept quarter consol profit after tax 1.40 billion rupees versus 2.60 billion rupees last year.Consensus forecast for Sept-quarter consol profit was 1.86 billion rupees.Sept quarter consol revenue from operations 34.77 billion rupees versus 33.12 billion rupees last year.  Full Article

India's Oct natural rubber imports jump 63 pct - Rubber Board

MUMBAI, Nov 27 India's natural rubber imports in October jumped 63 percent from a year ago to 62,047 tonnes, the state-run Rubber Board said on Tuesday, as local consumption surged amid drop in overseas prices.