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
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 ( Results - Announcements 01-Nov-23   18:05 )
  JK Tyre & Industries consolidated net profit rises 37.41% in the June 2024 quarter
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  JK Tyre & Industries announces cessation of director
 ( Corporate News - 24-Sep-24   18:51 )
  JK Tyre & Industries consolidated net profit rises 313.63% in the June 2023 quarter
 ( Results - Announcements 04-Aug-23   13:39 )
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  JK Tyre & Industries consolidated net profit declines 58.96% in the December 2019 quarter
 ( Results - Announcements 31-Jan-20   10:43 )
  Cavendish Industries receives ratings action from India Ratings and Research
 ( Corporate News - 27-Jun-22   14:09 )
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 ( Corporate News - 18-May-23   10:42 )
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 ( Corporate News - 25-Jan-23   15:58 )
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