SAM, AZB act on Apollo Tyres 1,800 crore fund raise from Warburg Pincus

SAM, AZB act on Apollo Tyres 1,800 crore fund raise from Warburg Pincus
Tyres

Apollo Tyres has issued compulsorily convertible preference shares in the company worth ₹1,080 crore (around $150 million), leading to the acquisition of a minority stake of 9.93% by an affiliate of Warburg Pincus.

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