Corporate News     22-Mar-23
JK Tyre & Industries secures $ 30 million funding from IFC
JK Tyre & Industries has received an investment of $30 million (Rs 240 crore) from International Finance Corporation (IFC) to part finance the expansion of manufacturing capacities and integrate advanced, resource-efficient technologies in the production of commercial and passenger car radial tyres which have better safety and longevity. IFC will hold 5.6 percent stake in the tyre major through issue of compulsorily convertible debentures (CCDs) on preferential basis.
Previous News
  JK Tyre & Industries fixes record date for final dividend
 ( Market Beat - Reports 08-Jul-24   17:18 )
  JK Tyre & Industries receives upgrade in LT ratings for bank facilities
 ( Corporate News - 13-Jun-24   14:20 )
  Cavendish Industries receives ratings action from India Ratings and Research
 ( Corporate News - 27-Jun-22   14:09 )
  Board of JK Tyre & Industries approves investment in a renewable power company
 ( Corporate News - 21-Aug-24   14:55 )
  JK Tyre & Industries Ltd leads losers in 'A' group
 ( Hot Pursuit - 18-May-23   15:00 )
  JK Tyre & Industries completes first phase of Rs 1000 cr-capacity expansion plan
 ( Corporate News - 30-Jun-23   10:01 )
  JK Tyre & Industries announces cessation of director
 ( Corporate News - 24-Sep-24   18:51 )
  JK Tyre & Industries standalone net profit rises 88.49% in the September 2015 quarter
 ( Results - Announcements 29-Oct-15   10:24 )
  JK Tyre & Industries consolidated net profit declines 36.60% in the September 2021 quarter
 ( Results - Announcements 29-Oct-21   08:02 )
  JK Tyre & Industries reports consolidated net profit of Rs 64.24 crore in the June 2018 quarter
 ( Results - Announcements 19-Jul-18   17:07 )
  JK Tyre & Industries consolidated net profit declines 74.59% in the December 2021 quarter
 ( Results - Announcements 04-Feb-22   08:13 )
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