Apollo Tyres Limited (APOLLOTYRE) has dispatched reminder letters to holders of physical securities, urging them to furnish their PAN and KYC details to the Registrar & Transfer Agent (RTA), K-Fin Technologies Limited.
This initiative is in compliance with SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated 7 May 2024 and Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/81 dated 10 June 2024.
Mandatory details to be updated include PAN, email address, mobile number, signature, and bank account details. Nomination is optional.
Physical security holders who do not update these details will not be eligible to lodge grievances or avail any service requests from the RTA.
Effective 1 April 2024, any payments, including dividend, interest, or redemption, for such folios will only be processed through electronic mode upon furnishing all the aforesaid details.
Shareholders are required to use prescribed SEBI forms such as Form ISR-1 (for PAN and KYC), Form ISR-2 (for signature confirmation), Form SH-13 (for nomination), Form ISR-3 (for nomination opt-out), and Form SH-14 (for change in nomination).
KYC details can be updated via post/courier to the RTA, through electronic/digitally signed documents from registered email IDs, or via the RTA's web-portal.
The company also requested shareholders to convert their physical shares into dematerialized (demat) form, as SEBI mandates that transfer of securities shall be processed only in dematerialized form.
Apollo Tyres Limited has granted 26,69,181 employee stock options under the Apollo Tyres Limited Employees Stock Option Scheme – 2025.
The grant was approved at a meeting of the Nomination and Remuneration Committee held on May 20, 2025, which concluded at 4:30 PM.
These options are convertible into an equal number of equity shares of the company with a face value of Re. 1 each.
The options are granted to employees of the company and its subsidiary companies, both in India and outside India.
The exercise price for these options is ₹ 450 per option.
After vesting, options can be exercised either wholly or partly within a maximum of 3 years from the date of respective vesting.
The scheme will be implemented through a Trust, which shall acquire the existing shares by way of Secondary Acquisition from the Market.
The maximum number of options that may be granted pursuant to this Scheme shall not exceed 1,27,00,000 (One Crore Twenty-Seven Lakhs) Options which shall be convertible into equal number of Shares i.e. 1,27,00,000 (One Crore Twenty -Seven Lakhs) Equity Shares of the Company.
Vesting Period shall commence from the Grant Date, subject to minimum of 1 (One) year from the Grant Date and to a maximum of 4 (Four) years from the Grant Date.
Apollo Tyres Ltd. has announced that the recording of the Investor Conference Call for Q4 FY25, held on May 15, 2025, at 3:30 PM (IST), is now available on the company's website.
The recording can be accessed under the 'Investors/IR updates/A/V Recordings' section of the Apollo Tyres website: www.apollotyres.com.
The provided web link for direct access is https://corporate.apollotyres.com/investors/ir-updates/#?activeTab=A/V_Recordings.