Corporate News     23-Mar-22
JK Tyre & Industries subscribes to rights issue of subsidiary - Cavendish Industries
JK Tyre & Industries has subscribed to the rights issue of its subsidiary, Cavendish Industries and has been allotted 47,87,679 equity shares at Rs 155 per share (including premium of Rs 145 per share) for an aggregate amount of Rs 74.21 crore. After the issue, the company's shareholding in Cavendish Industries has increased to 74.13% from 71.91% on standalone basis and to 87.46% from 86.41% with its subsidiary.
Previous News
  JK Tyre & Industries consolidated net profit rises 56.24% in the March 2024 quarter
 ( Results - Announcements 22-May-24   15:59 )
  Cavendish Industries receives ratings action from India Ratings and Research
 ( Corporate News - 27-Jun-22   14:09 )
  JK Tyre & Industries consolidated net profit declines 90.12% in the September 2017 quarter
 ( Results - Announcements 15-Nov-17   15:52 )
  JK Tyre & Industries secures $ 30 million funding from IFC
 ( Corporate News - 22-Mar-23   13:58 )
  JK Tyre & Inds reports PAT of Rs 227 cr in Q3 FY24
 ( Hot Pursuit - 06-Feb-24   17:11 )
  JK Tyre Q3 PAT jumps 15% YoY to Rs 65 cr
 ( Hot Pursuit - 06-Feb-23   12:22 )
  JK Tyre & Industries Ltd leads losers in 'A' group
 ( Hot Pursuit - 18-May-23   15:00 )
  JK Tyre & Industries to conduct AGM
 ( Corporate News - 10-Jul-23   17:25 )
  JK Tyre & Industries consolidated net profit rises 227.43% in the September 2019 quarter
 ( Results - Announcements 30-Oct-19   18:36 )
  Board of JK Tyre & Industries recommends final dividend
 ( Corporate News - 18-May-19   16:20 )
  JK Tyre & Industries net profit declines 95.08% in the June 2011 quarter
 ( Results - Announcements 29-Jul-11   16:13 )
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