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Earnings · Tyres · Small cap

Goodyear India proposes ₹26.50 dividend as board reshuffles

The tyre maker recommended a final dividend of ₹26.50 per share. It also appointed a new whole-time director and head of legal.

1 earlier story on Goodyear India Ltd.
Mkt cap₹1,722 cr
P/E30.38×
ROE9.14%
Debt / eq.0.00
Div yld3.20%
₹26.50 Final dividend per share recommended by the board.

What's new

  • Board recommended a final dividend of ₹26.50 per share for FY26.
  • Rohitashv Sharma joins as whole-time director effective June 1.
  • Vinay Kumar appointed head of legal; internal auditor Anurag Krishna resigned.

Why this matters

The dividend and management changes provide a routine update. The departure of the internal auditor requires scrutiny, though the company describes it as a move to pursue external opportunities.

What we're watching

  • Shareholder approval for the dividend at the August 12 AGM.
  • Any further disclosure regarding the internal audit function transition.
  • The full financial results for the year ended March 31, 2026.

The full read

Goodyear India closed its financial year with a dividend recommendation of ₹26.50 per share. This payout awaits shareholder approval at the annual general meeting on August 12.

Alongside the results for the year ended March 31, 2026, the board confirmed several management changes. Rohitashv Sharma, a manufacturing veteran with 25 years of industry experience, joins as a whole-time director starting June 1, while the company also named Vinay Kumar as its new head of legal and compliance.

The internal audit function faces a transition. Anurag Krishna has resigned from his post to pursue other opportunities.

It is a quiet set of corporate actions. No surprises here.

Questions answered

When will shareholders receive the dividend?
The dividend is subject to approval at the annual general meeting, which is scheduled for August 12.
Who is the new whole-time director?
Rohitashv Sharma, a manufacturing veteran with over 25 years of experience in the tyre industry, takes the role effective June 1.
What changes occurred in the legal and audit departments?
Vinay Kumar has been appointed as the new head of legal and compliance. Meanwhile, internal auditor Anurag Krishna has resigned.
Mentioned: Goodyear India · Rohitashv Sharma · August 12 AGM
Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.

  1. 28 May 2026 · 8:23 PM IST Goodyear India proposes ₹26.50 dividend as board reshuffles
  2. today Goodyear India profits rise to ₹61.50 cr despite revenue dip