Apollo Tyres has announced a board meeting scheduled for November 13, 2025, to consider and approve the Q2 (July-September) financial results. The board will also evaluate raising funds through the issuance of Non-Convertible Debentures (NCDs) via private placement. The NCD issuance is subject to shareholder approval via postal ballot and falls within approved borrowing limits.
Upcoming Board Meeting
A meeting of the Board of Directors of Apollo Tyres is scheduled for November 13, 2025. Key items on the agenda include reviewing and approving the company’s financial performance for the quarter ended September 30, 2025, which corresponds to the second quarter (Q2) of the Indian Financial Year.
Consideration of Financial Results
The board will specifically address the un-audited financial results, both on a standalone and consolidated basis. This assessment will provide stakeholders with insights into the company’s financial health and operational performance during the reporting period.
Fundraising via NCD Issuance
The board will also deliberate on a proposal to raise funds through the issuance of Non-Convertible Debentures (NCDs) through a private placement. This fundraising initiative is subject to the approval of the shareholders, which will be obtained through a postal ballot. Any NCD issuance will remain within the existing borrowing limits already approved by the shareholders as per Section 180(1)(c) of the Companies Act, 2013.
Trading Window Closure
The trading window for dealing in the company’s securities, which was previously closed on October 1, 2025, will remain closed until 48 hours after the declaration of the Q2 financial results. This restriction is set to be lifted no later than November 15, 2025, inclusive.
Source: BSE
