Emerald Tyre Manufacturers Acquisition Worth ₹12.23 Cr
Emerald Tyre Manufacturers Limited invested Rs. 12.23 crore to acquire a 64.44% stake in SA Rubber Engineering Pty. Ltd., making it a subsidiary.
- Value
- ₹12.23 Cr
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4 announcements
Emerald Tyre Manufacturers Limited invested Rs. 12.23 crore to acquire a 64.44% stake in SA Rubber Engineering Pty. Ltd., making it a subsidiary.
Emerald Tyre Manufacturers held its 24th Annual General Meeting on September 24, 2026. Shareholders transacted ordinary and special business items, including the declaration of a final dividend.
CARE Ratings upgraded Emerald Tyre's long-term facility rating to BBB (Stable) and short-term to A3+. Both bank facility limits were also enhanced accordingly.
Emerald Tyre Manufacturers Ltd reported revenue from operations of ₹112.9 Cr (+11.9% YoY) and net profit of ₹2.8 Cr (-31.7% YoY) for H2 FY26.