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Apollo Tyres informs about corporate announcement

04 Dec 2019 Evaluate

In related to the article that has appeared in the economictimes.indiatimes.com dated December 02, 2019 captioned Apollo Tyres partners with Al-Jomaih Tyres to enter Saudi Arabia; Apollo Tyres has informed that this announcement by the Company is related to its tie-up with a distributor in Saudi Arabia for sales in Saudi Arabia only, through its wholly owned step-subsidiary in Middle East. The tie-up does not have any material impact on the Company as the current sales of Saudi Arabia is less than 0.5 % of Company’s Turnover. The Company would, as in the past, promptly inform the stock exchanges and the shareholders about any material development and/or about any event or information which may have a bearing on the performance/ operations of the Company, as well as, price sensitive information as per the regulatory requirements under Regulation 30 and 51 of the SEBI (LODR) Regulations, 2015.

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

Apollo Tyres Share Price

405.95 -3.25 (-0.79%)
11-May-2026 16:59 View Price Chart
Peers
Company Name CMP
MRF 128961.35
Apollo Tyres 405.95
CEAT 3267.05
Balkrishna Inds. 2181.30
JK Tyres & Inds. 395.70
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