Corporate News     05-Sep-18
Apollo Tyres provides operations update for plants in Kerala
Apollo Tyres announced that production at plants located at Perambra and Kalamassery is near normalcy. On 20 August 2018, the company had informed the disruption of production operations due to floods in Kerala. The production was disrupted as many employees couldn't reach the plants.

There is no damage to equipment or property, and the company's employees are safe and secure. The production loss due to this natural calamity is 3000 MT (approximately). However, consequential loss of profit is not significant.

The production loss due to natural calamity is adequately covered under the Insurance Policy of the Company.

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