MoneyWorks4Me

Apollo Tyres raises Rs 500 crore through NCDs

30 Sep 2026 Evaluate

Apollo Tyres has raised Rs 500 crore through the allotment of 50,000 Secured, Listed, Rated, Redeemable Non-Convertible Debentures (NCDs) of face value of Rs 1,00,000 each on Private Placement basis. The said NCDs are set to mature on September 28, 2029. The Committee of Directors?NCDs at its meeting held on September 30, 2026, has allotted the same. 

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. 


Peers
Company Name CMP
MRF 123045.40
Apollo Tyres 405.45
JK Tyres & Inds. 340.35
Ceat 3287.05
Balkrishna Inds. 2081.80
View more..