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Apollo Tyres planning to raise funds via NCDs

31 Oct 2019 Evaluate

Apollo Tyres is planning to raise funds through the issuance of Non-Convertible Debentures (NCDs) on Private Placement basis. The board of directors at their meeting to be held on November 05, 2019 will consider the same.

Apollo Tyres is one of the leading tyre manufacturers in India with its product portfolio spread across tubeless and tube type tyres for cars, suvs, trucks, buses etc.

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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