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JK Tyre & Industries informs about board meeting

17 Aug 2019 Evaluate

JK Tyre & Industries has informed that the Directors of the Company, at their meeting held on 16th August 2019, approved increase in the Company’s stake in Cavendish Industries, a subsidiary of the Company, from 64% to 69% on standalone basis and from 80% to 85%, with its subsidiary. The details required under Regulation 30 of the said SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No: CIR/CFD/CMD/4/2015 dated 9th September 2015 are attached.

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

Peers
Company Name CMP
MRF 117549.00
Apollo Tyres 387.20
JK Tyres & Inds. 310.15
Ceat 3147.20
Balkrishna Inds. 2096.75
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