Apollo Tyres’ Board of Directors has approved an amended “Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information.” The revised code, effective February 4, 2026, ensures timely and adequate disclosure of unpublished price-sensitive information, promoting fairness and transparency. It is available on the company’s website.
Revised Code of Conduct Approved
The Board of Directors of Apollo Tyres has approved an amended version of the “Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information”. This code aims to ensure proper handling and disclosure of important company information.
Key Objectives of the Amended Code
The primary goal of the amended code is to provide timely and adequate disclosure of Unpublished Price Sensitive Information (UPSI). This is designed to impact the price discovery of the company’s securities. The overall aim is to maintain uniformity, transparency, and fairness in all dealings with stakeholders.
Effective Date and Availability
The amended code, was officially approved on February 4, 2026, and is now accessible on the company’s official website. This update ensures that all stakeholders have access to the most current guidelines regarding information disclosure.
Authority for Dissemination
As an overriding principle, no person in the organization should communicate externally any information about Apollo’s prospects, performance and policies or disclose any unpublished information, whether price sensitive or not, without appropriate prior authorisation.
Legitimate Purpose Policy
The company has implemented a policy for determining the legitimate purpose for sharing UPSI, detailed in Annexure I of the Code. The Company may share UPSI in its ordinary course of business with partners, collaborators, lenders, customers, suppliers, merchant bankers, legal advisors, auditors, insolvency professionals or other advisors or consultants.
Source: BSE
