The board of directors of Apollo Tyres will meet on Wednesday to consider fund-raising plans by way of preferential issue of securities on private placement basis at such price and terms as may be determined in accordance with SEBI Regulations.
The board would also declare interim dividend for FY2019-20. Shareholders will closely monitor the amount of funds planned to be raised, type of instruments (equity or debt, combination of both), and mode of fund-raising.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.