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Apollo, established in 1972, manufactures automatic bias and radial tyres, and tubes. It has plants in Kochi, Vadodara, Pune, and Chennai. The product profile includes prominent tyre brands in the T&B, light truck, passenger car, and farm vehicle segments in India, catering to both original equipment manufacturers, and the replacement market.
Apollo Tyres has raised its stake in Green Infra Wind Power Projects Ltd to 21.27% by acquiring an additional 3.43%. Green Infra operates a 24 MW wind power plant in Tamil Nadu with a turnover of about Rs. 23.5 Cr in FY24. This move deepens Apollo’s commitment to renewable energy,...
Apollo Tyres has acquired an additional 3.43% stake in Green Infra Wind Power Projects Limited (GIWPPL), increasing its total shareholding to 21.27%. The deal involves 60,000 equity shares valued at ₹6.00 lakh (0.06 Cr). This strategic acquisition strengthens Apollo's position in the renewable energy sector, supporting its commitment to sustainable...