Apollo Tyres Announces Independent Director Resignation

Apollo Tyres Announces Independent Director Resignation

Apollo Tyres Announces Independent Director Resignation​

Apollo Tyres Limited announced the resignation of Mr. Berjis Desai as an Independent Director, effective from the close of business on April 7, 2026. The resignation follows Mr. Desai's appointment as a Member of the National Commission for Minorities, Government of India, New Delhi.

Mr. Desai confirmed that his resignation is based solely on his new appointment, stating there were no other material reasons for his departure.

Directorship Details of Resigning Director​

The details regarding Mr. Berjis Desai's directorships held with listed entities were provided in the requisite annexure. His directorships include roles in several companies, detailing his capacity in each:

Company NameDirectorship CategoryCommittee Positions Held
The Great Eastern Shipping Company LimitedNon-Executive Non-Independent DirectorMember of Audit Committee, Nomination & Remuneration Committee, and Investor Services Committee (Share Transfer Committee)
Man Infraconstruction LimitedChairman (Non-Executive Non-Independent Director)Chairperson of CSR Committee, Member of Nomination & Remuneration Committee, Chairperson of Management Committee, and Member of Risk Management Committee
Emcure Pharmaceuticals LimitedChairman (Non-Executive Non-Independent Director)Member of Audit Committee, Chairperson of Stakeholders Relationship Committee, and Member of Nomination & Remuneration Committee
Inventurus Knowledge Solutions LimitedChairman (Non-Executive Non-Independent Director)Member of Audit Committee and Member of Nomination & Remuneration Committee
Praj Industries LimitedNon-Executive Non-Independent DirectorMember of Audit Committee and Member of Nomination & Remuneration Committee

Operational Information​

The company confirmed the details of Mr. Desai's resignation, which is effective from the end of the business hours of April 7, 2026. The details of his resignation were enclosed as Annexure B.

APOLLOTYRE Stock Price Movement​

Apollo Tyres Limited shares gained traction today, closing higher by 0.38% to settle at ₹412.85 in post-market trading. The stock moved on a volume of 352,606 shares, navigating a day's trading range between ₹402.2 and ₹414.6.

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