Goldman Sachs Singapore PTE has bought 2,768,258 shares of Apollo Tyres through an open market transaction. The shares were purchased at Rs 69.70 on National Stock Exchange (NSE) on July 22, 2013.
Apollo Tyres produces the entire range of automotive tyres for ultra and high speed passenger cars, truck and bus, farm, off-the-road, industrial and specialty applications like mining, retreaded tyres and retreading material. These are produced across Apollo’s eight manufacturing locations in India, Netherlands and Southern Africa.
