Wednesday, April 15, 2020

CCI approves proposed Acquisition of 9.93% stake by Emerald Sage Investment Limited in Apollo Tyres Limited

The Competition Commission of India (CCI) approves proposed acquisition of 9.93% stake by Emerald Sage Investment Limited in Apollo Tyres Limited. The proposed combination envisages subscription by Emerald Sage Investment Limited (Emerald) to 10.80 crores compulsorily convertible preference shares constituting approximately 9.93% of the post-issue paid-up share capital of Apollo Tyres Limited (Apollo). Emerald is […]

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