Apollo Tyres has acquired 3.43% of the equity share capital in Green Infra Wind Power Projects (GIWPPL) for procurement of wind power. Post this acquisition, equity percentage shareholding of the Company in GIWPPL will increase to 21.27%.
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.