Apollo Tyres Ltd: Disclosures under Reg. 8A of SEBI (SAST) Regulations, 1997

Apollo Tyres Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE

Date of Reporting : March 02, 2011
Name of the Company : Apollo Tyres Ltd
Total no of outstanding shares of the Company : 504024770

Name of the Entity : Apollo Finance Ltd

Details of Transaction
Date of Transaction : -
Number of Shares Pledged / Revoked : -

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 36759650
Total No of shares pledged : 2000000
% of total shares pledged to total no of shares held by the entity in the Company : 5.44%
% of shares pledged to total no of outstanding shares of the Company : 0.40%

Name of the Entity : Sunrays Properties & Investment Co Pvt Ltd

Details of Transaction
Date of Transaction : February 25, 2011
Number of Shares Pledged / Revoked : 20,00,00 - P

Date of Transaction : February 26, 2011
Number of Shares Pledged / Revoked : 45,00,000 - P

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 39017440
Total No of shares pledged : 36200000
% of total shares pledged to total no of shares held by the entity in the Company : 92.78%
% of shares pledged to total no of outstanding shares of the Company : 7.18%Read More