Apollo Tyres has received an approval to issue Non-Convertible Debentures (NCDs) on private placement basis aggregating to Rs 5,000 million to be allotted, in one or more tranches, within the limits approved by the shareholders in the Annual General Meeting held on July 31, 2019.The Board of Directors of the company at its meeting held on November 05, 2019, approved 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.
