TVS Srichakra has made an investment of Rs 6,660 and acquired 666 Equity Shares in the Equity Share Capital of M/s Clean Max Genesis (CMGPL) at face value of Rs 10 each, which represents 6.60% of the paid-up Equity Share Capital of CMGPL. The object of acquiring the shares of CMGPL by the Company is to purchase solar power under Group Captive mode.
TVS Srichakra is one of India's leading two- and three -wheeler tyre manufacturer. The company is recognised as a large manufacturer of industrial pneumatic tyres, flotation, motorgrader, farm & implement tyres, skid steer tyres, multipurpose tyres and vintage tyres.
| Company Name | CMP |
|---|---|
| MRF | 129256.55 |
| Apollo Tyres | 409.45 |
| CEAT | 3307.10 |
| Balkrishna Inds. | 2202.35 |
| JK Tyres & Inds. | 403.85 |
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