Apollo Tyres: Announcement Under Regulation 30 (LODR) - Updates

Reg:Update - Setting up of new state-of-the-artmanufacturing facility at Andhra Pradesh


This is with reference to the letter our dated January 9, 2018 on above captioned matter. Please find below the update onproposed capacity addition:

a) Proposed Capacity Addition:In the first phase,the capacity in the proposed plant for radial tyres of passengerand commercial vehicles will be approx. 5.3 million and 1 milliontyres p.a. respectively.

b) Investment required:Approx. Rs. 3800 Crores in the first phase which will provide direct jobs to nearly 1700 people.

c) Rationale:To enhance the capacity in order to meet increaseddemand for passenger& commercial vehicle tyres.

You are requested to take on record the above mentioned information as disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015.