 "Apollo Tyres, two-wheelers, heavy vehicles")
Shares of Apollo Tyres hit a fresh 52-week low on Friday on reports that the minority shareholders of the company have rejected the re-appointment of Neeraj Kanwar as the managing director (MD).
“Apollo Tyres’ board of directors will discuss the resolution in the next meeting and determine the course of action with respect to it. The company would like to reiterate that it is the vision and resolve of the company, and its senior leadership, to deliver value to all its stakeholders including employees, shareholders, customers, partners, and other relevant communities, “the company had said in a statement to the
