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Debt & Borrowing
Apollo Tyres Debt & Borrowing
Apollo Tyres Limited allotted non-convertible debt securities on September 30, 2026. This action follows the company's prior approval for issuance.
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Apollo Tyres Limited allotted non-convertible debt securities on September 30, 2026. This action follows the company's prior approval for issuance.
Apollo Tyres Ltd has allotted 50,000 secured Non-Convertible Debentures (NCDs) aggregating to ₹500 Crore. Issued on a private placement basis, the NCDs carry a 7.81% annual coupon.
Apollo Tyres Ltd confirmed the timely payment of Rs.18.825 Crore as interest on its non-convertible debentures (ISIN: INE438A07193).