Apollo Tyres Receives ₹14.34 Lakh Customs Penalty

Apollo Tyres discloses receipt of a customs order dated April 16, 2026, levying a penalty of ₹14.34 lakh.
The penalty was imposed by the Joint Commissioner of Customs, Chennai, due to a dispute regarding HSN classification.
The company states there is no material financial or operational impact and intends to file an appeal against the order.
This is a mandatory regulatory disclosure filed under SEBI LODR Regulation 30.