JK Tyre & Industries has received approval for investment of Rs 1.32 crore in 26% equity shares of face value of Rs 10 each, for cash at par, of M/s TRUERE Galaxy. The objective of investment is to maintain group captive power status. The Directors of the company at their meeting held on August 21, 2024, has approved the same.
JK Tyre & Industries is engaged in the manufacture and marketing of automotive tyres, tubes and flaps.