Apollo Tyres Ltd. (ATL) has publicly disclosed details regarding an order received under the Customs Act, 1962, which includes a demand for Anti-Dumping Duty (ADD) and the levying of related penalties.
The company submitted this filing to the National Stock Exchange of India Ltd and BSE Ltd on October 28, 2025.
The regulatory filing, made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, confirmed that the order was passed by the Joint Commissioner (Customs), Nhava Sheva.
The action taken involved an order passed under the Customs Act demanding ADD and imposing a consequential penalty and fine totaling Rs 12.69 lacs.
The underlying issue leading to the fine is a dispute regarding the short payment of ADD. Apollo Tyres received this official order on October 27, 2025.
Despite the levy, Apollo Tyres has provided reassurance regarding the overall business impact.
The company has stated that there is no material impact of the order on its financial standing, operations, or other activities. Furthermore, ATL confirmed its intention to challenge the order, noting that it will file an appeal before the Appellate Authority in due course.
The company’s registered office is located at 3rd Floor, Areekal Mansion, Panampilly Nagar, Kochi 682036, India.
Signed under the Disclosure: Seema Thapar, Company Secretary & Compliance Officer. Under Regulation: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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