Apollo Tyres Limited — Others, 06-02-2025: Change in Director(s)

Apollo Tyres Ltd has announced a board meeting focusing on key updates, including the approval of un-audited financial results for the quarter and nine months ended December 31, 2024. The results show a revenue of ₹69,279.54 million, with a profit of ₹3,372.45 million for the quarter. The company initiated an Employee Stock Option Scheme 2025, and the board has sought shareholder approval via postal ballot for re-appointing Mr. Francesco Crispino as an Independent Director and for appointing Mr. Parmeshwaran Iyer as Chief Supply Chain Officer. This move signals a strategic focus on talent management and incentivizing employees, likely boosting investor sentiment and reflecting a positive outlook for company governance and performance.