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APOLLO TYRES SHAREHOLDER
Warburg Pincus exits Apollo Tyres by offloading Rs 1,072 crore worth stakeThe leading global PE firm offloaded about 3.5% stake or 2.24 crore shares. Goldman Sachs, Morgan Stabley, Mirae Asset MF, Societe Generale...- Trending stocks: Apollo Tyres shares gain nearly 3%A total of 466,006 shares changed hands on the counter till 12:30PM (IST).
- Trending stocks: Apollo Tyres shares down nearly 1%A total of 583,590 shares changed hands on the counter till 11:03AM (IST).
- Apollo Tyres approves sale of $150 million stake to Warburg Pincus affiliateThe proceeds from the issuance of these shares will be used by Apollo Tyres for the repayment of high-cost borrowings, according to a repor...
- Warburg Pincus to invest $150 mn in Apollo TyresThe Board of Directors of Apollo Tyres today approved an issuance of compulsorily convertible preference shares in the company worth Rs 10,...
- Apollo Tyres' shareholders approve reappointment of Neeraj Kanwar as MDIn September, minority shareholders of the company had rejected the reappointment of Kanwar as MD over compensation issue.
- Apollo Tyres promoters’ compensation close to ceilingThe total compensation of Apollo Tyres’ promoters — Neeraj Kanwar and Onkar Kanwar — for the year under review was Rs 87.74 crore.
- Shareholders reject re-appointment of Apollo Tyres MDVoting against Neeraj Kanwar may have been on the issue of high compensation.
- Apollo Tyres' plan to raise Rs 1,725 crore gets shareholders' nodApollo Tyres' plans to raise about Rs 1,725 crore through issue of securities was today approved by the shareholders of the company.
- Sebi slaps Rs 1 crore fine on Apollo Tyres for non-complianceThe regulator, in its order, has imposed "a consolidated penalty of Rs 1.03 crore on Apollo Tyres Ltd...for the failure to comply with Sebi...
- Apollo Tyres shares up over 3 per cent on boursesApollo Tyres' oday rose by over 3% as its board has approved a proposal to invest US $340 mn to upgrade its manufacturing facilities at Che...
- Apollo Tyres to invest $340 mn to upgrade facilitiesThe board approved expansion of the truck and bus radial tyre capacity at the company's Chennai plant from the present 6,000 tyres per day ...
- With Cooper Tire deal off, Apollo can now play catch up with MRFRevenue, profits, margin and growth rates are similar and together Apollo and MRF control more than 50% of the organised tyre market.
- Cannot see value creation for minority shareholders of Apollo Tyres: Ambit Capital"We turned sellers on the back of the Cooper Tire deal, because we could not see where the value creation for minority shareholders would c...
- Not bullish on Apollo tyres on back of Cooper deal complications: Deven ChokseyI would say that stay away from this company till the point of time the philosophy of the management goes clear as to how they want to grow...
- Apollo Tyre slips 9% as Cooper Tire shareholders give nod for mergerThe stock slipped on worries about possible high debt of $2.5 billion which also marks as one of the largest US acquisitions by an Indian f...
- Swiss Finance Corp buys 55.3 lakh shares in Apollo TyresSwiss Finance Corporation (Mauritius) today picked up a total of 55.30 lakh shares of Apollo Tyres for nearly Rs 36 crore through open mark...
- Cooper Tire calls shareholders meet to vote on takeover by ApolloUS-based Cooper Tire has called a special meeting of its shareholders on Sept 30 to vote on the proposed acquisition of the company by Apol...
- Apollo Tyres: Cooper buyout takes a tollWeak demand from car manufacturers due to sluggish sales did not weigh down Apollo Tyres significantly in the quarter to June with demand f...
- Investors’ concerns derails Apollo Tyres’ QIP plans and Cooper Tire buy"Apollo Tyres did not get a favourable response to its QIP from the investors who were worried about the end-use of the funds", sources sai...
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