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JK Tyre & Industries looking to invest INR 1400 crore in next two years, ET Auto

Anshuman Singhania, Managing Director at JK Tyre & Industries told ET, the company is utilising 85% of available capacity and will be investing fresh capital to meet demand for its products going ahead. “We are investing Rs 800 crore to enhance capacity at our facilities. This investment cycle is on the verge of completion. Separately, we are looking at investing Rs 1400 crore to increase production and maintain our leadership in radials over the next two years”, he informed. ....

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JK Tyre Investment: JK Tyre raises INR 500 cr through QIP mainly for growth Capex, ET Auto

JK Tyre Investment: The QIP was priced at INR 345 per share (including a premium of INR 343 per share with face value of INR 2 per share). QIP received overwhelming response from marquee investors including Indian mutual funds, insurance companies and foreign institutional investors, the company said. ....

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