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Birla Tyres shares to delist from exchanges after NCLT nod to resolution plan

Birla Tyres has been in the business of manufacturing tyres for 25 years. It earlier had a collaboration with Italian tyre manufacturer Pirelli. The company was demerged from the group s flagship firm Kesoram Industries in 2018. ....

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Dalmia Bharat draws closer to taking over Birla Tyres

Dalmia Bharat group is set to acquire Birla Tyres after creditors approved their resolution plan. The plan proposes partial repayment of ₹1,100 crore of bank loans of the BK Birla group company. The resolution offer made by Dalmia Bharat Refractories was cleared by over 75% of creditors of Birla Tyres. ....

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