JK Tyre & Industries Limited
JK Tyre & Industries is the flagship company of the JK group which is headed by Dr R P Singhania as its chairman and managing director. It is a one of the leading tyre manufacturers in India and amongst the top 25 manufacturers in the world with a wide range of products catering to diverse business segments that includes Truck/Bus, LCV (Light commercial vehicles), Passenger Cars, MUV (Multi utility vehicles) and…
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JK Tyre & Industries is investing Rs. 1.38 Cr to acquire 26% of STTY RE Banmore Ltd. (STRBL), a promoter group entity. This strategic stake will secure 6 MWp solar power for JK Tyre's operations for 25 years at competitive market rates. STRBL will manage the entire Rs. 17.70 Cr...
JK Tyre & Industries has approved investing Rs. 1.31 Crore to acquire a minimum 26% equity stake in Roofsol Renewables Five Pvt. Ltd (RRFPL). This strategic move ensures captive power consumption compliance for its Laksar Tyre Plant in Uttarakhand. RRFPL, a special purpose vehicle, was created specifically to set up...
JK Tyre & Industries is acquiring a 26% equity stake in FPEL Burning Bright Pvt Ltd for ₹1.53 Cr. FPEL, a Special Purpose Vehicle incorporated in May 2025, focuses on solar power generation. This strategic investment enables JK Tyre to meet its captive power consumption needs and comply with Indian...
JK Tyre & Industries is acquiring a minimum 26% stake in Sunpulse Power Private Ltd. (SPPL) for Rs 5.04 Cr. This strategic investment aims to meet regulatory requirements for captive power consumption under Indian Electricity laws. SPPL, incorporated in July 2025, is engaged in solar power generation. This move enhances...
JK Tyre has announced a board meeting on its planned 26% equity investment of Rs 1.22 Crore in STTY RE Ltd, a newly incorporated company focused on solar power generation. STTY will develop a 5 MWp captive solar power project for JK Tyre, funding the entire capex of around Rs...