Apollo Tyres Chief Financial Officer Gaurav Kumar resigns
Apollo Tyres (BSE: APOLLOTYRE) said Gaurav Kumar, Chief Financial Officer, has resigned. The company is valued at about ₹25,502 crore.
What happened
Apollo Tyres (BSE: APOLLOTYRE) informed the stock exchanges on 6 October 2026 at 04:57 PM that Gaurav Kumar, Chief Financial Officer, has resigned.
From the filing: "Gaurav Kumar has resigned as Chief Financial Officer (KMP) of the Company with effect from the close of business hours on October 6, 2026 to pursue new personal and professional challenges outside the organization."
Company snapshot
Apollo Tyres is a small-cap company in the Automobile and Auto Components sector, with a market value of about ₹25,502 crore.
The stock last traded at ₹401.6, against a 52-week range of ₹365.3–₹540.5 (25.7% below the high).
Before this filing the shares had moved −6.5% over the month and −8.6% over three months. Average daily turnover over the last 20 sessions was about ₹36.05 crore.
Promoters held 36.93% at the end of Q1 FY27; 0.01% of promoter shares were pledged. Foreign institutions owned 10.08% and domestic institutions 29.04%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 6,561 | 12.9 | 0.2 |
| Q2 FY26 | 6,831 | 258 | 4.07 |
| Q3 FY26 | 7,743 | 470.5 | 7.43 |
| Q4 FY26 | 7,336 | 631 | 9.97 |
| Q1 FY27 | 7,398 | 348.9 | 5.52 |
What history shows
This is not the company's first management change disclosure: BCEIE has 4 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 0.7% on average the next trading day and was down 2.1% on average after five days (4 filings with price data).
Across 77 similar disclosures by other Automobile and Auto Components companies, shares moved −0.6% on average the next day and −0.5% over five days; 39% of them rose the next day.
Market-wide, 3,866 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 13 Aug 2026 | Appointment of Mr Rajeev Kumar Sinha as Executive Director of the… | −0.2% | −3.6% |
| 6 Aug 2026 | Resignation of Director/KMP/SMP | −0.8% | −1.2% |
| 6 Aug 2026 | Change in Director(s) of the company. | −0.8% | −1.2% |
| 1 Jun 2026 | Management change | −0.7% | −2.4% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
- 20-year-old Apollo Tyres heiress will be only Indian at prestigious Le Bal 2026: Meet Syra Kanwar, a Barnard student | Fashion Trends
- Apollo Tyres Sells ₹500 Crore Non-Convertible Debentures Via Private Placement
- APOLLOTYRE Outlook for the Week
- Apollo Tyres declares ₹2.50 final dividend for FY26
- Apollo Tyres Allots ₹500 Crore NCDs; Shares Fall 0.17%
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.