India’s Apollo Tyres board to consider nonconvertible debt issue

By Sarah Lizee

Olympia, Wash., Jan. 31 – Apollo Tyres Ltd. informed the Bombay Stock Exchange that its board will meet on Tuesday to consider a proposal to issue nonconvertible debentures.

The debentures would be issued by private placement, according to a notice.

The tire manufacturer is based in Haryana, India.

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