Emerald Tyre Manufacturers Acquisition Worth ₹12.23 Cr
Emerald Tyre Manufacturers Limited invested Rs. 12.23 crore to acquire a 64.44% stake in SA Rubber Engineering Pty. Ltd., making it a subsidiary.
- Value
- ₹12.23 Cr
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Emerald Tyre Manufacturers Limited invested Rs. 12.23 crore to acquire a 64.44% stake in SA Rubber Engineering Pty. Ltd., making it a subsidiary.
Emerald Tyre Manufacturers held its 24th Annual General Meeting on September 24, 2026. Shareholders transacted ordinary and special business items, including the declaration of a final dividend.
CARE Ratings upgraded Emerald Tyre's long-term facility rating to BBB (Stable) and short-term to A3+. Both bank facility limits were also enhanced accordingly.
Emerald Tyre Manufacturers Limited has issued notice for its 24th Annual General Meeting to be held on September 24, 2026. The agenda includes final dividend approval.
Emerald Tyre Manufacturers Limited re-appointed Chandhrasekharan Thirupathi Venkatachalam and Eswara Krishnan D as Executive Directors for a 36-month term starting November 25, 2026.
The board recommended re-appointment of two executive directors and set a record date of 17th September 2026 for final dividend at the 24th AGM.
Emerald Tyre Manufacturers clarified clerical errors in its XBRL financial filings. The company filed revised documents to correct paid-up capital units and address NSE format queries.