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Apollo Tyres informs about updates on scheme of amalgamation

07 Oct 2016 Evaluate

With reference to the earlier letter dated August 26, 2016 regarding Amalgamation of Apollo (Mauritius) Holdings (AMHPL), a wholly owned subsidiary, with the Company, Apollo Tyres has now informed that the Company has received the certified copy of orders from the Honble High Court of Kerala sanctioning scheme of Amalgamation of AMHPL, a wholly owned subsidiary, with the Company.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
MRF 125528.60
Apollo Tyres 411.80
JK Tyres & Inds. 349.55
Ceat 3468.20
Balkrishna Inds. 2267.75
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