Apollo Tyres to raise Rs 2.5 bn | india | Hindustan Times
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Apollo Tyres to raise Rs 2.5 bn

india Updated: Sep 04, 2006 16:47 IST
Reuters
Reuters
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Apollo Tyres Ltd on Monday called off a rights-cum-follow-on share issue and said it would instead raise Rs 2.5 billion from qualified institutional buyers.

The company had deferred the rights issue in July.

Shares in the company rose 3.9 per cent to Rs 316 in a firm Mumbai market.

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