Apollo Tyres Limited informed that Bias and OTR tyres production at manufacturing facility in Limda, Gujarat has been stopped due to certain concerns amongst shop floor employees relating to renewal of long-term settlement agreement. The Company is in discussions and negotiations with the labour union representatives to address their concerns and find an amicable resolution. The Company is dedicated to the welfare of its employees, the interests of its stakeholders and the continued stability of the organization.

While the Company is monitoring the situation closely, there are plans in place to mitigate any supply disruptions. There is no material impact on the operations at this stage.