Corporate News 30-Jan-17
Board of Apollo Tyres to consider further fund raising
At meeting scheduled on 01 February 2017
Apollo Tyres announced that the board of directors of the Company at its upcoming meeting to be held on 01 February 2017, proposes to consider and recommend to the shareholders of the Company for their approval, further capital raising by the Company by way of issuance of equity shares, non-convertible debt instruments along with warrants and/or convertible securities other than warrants through a qualified institutions placement in accordance with applicable laws and subject to receipt of necessary approvals.
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