Kesoram Industries’ 100th annual general meeting for 2018-19 was a quiet affair
CFO P Radhakrishnan reiterated the company’s objective of creating value for shareholders.
Will see impact of integration of Birla Tyre’s Kesoram unit from Q3: Arun K Bajoria, JK Tyres
We took over the Kesoram plant on 15th of April...
JK Tyre leads race for Rs. 2,000 crore Birla Tyres deal
JK Tyre will borrow Rs 1,500 crore from public and private sector banks with the rest...
JK Tyres acquires Cavendish Industries for Rs 2200 crore
JK Tyre & Industries said it has completed acquisition of Cavendish Industries which houses three tyre business undertakings of Birla Tyres at an enterprise value of Rs 2200 crore.
Kesoram Industries puts Birla Tyre on the block; appoints BofA-ML for sale process
Restructuring of Kesoram Industries is a step towards the eventual takeover of the company by Kumar Mangalam Birla as stated in BK Birla’s will.
Dealers take tyre-makers like MRF, JK and Birla Tyres to CCI over cartelisation
Tyre dealers have dragged MRF, JK and Birla Tyres among other tyre manufacturers to the competition watchdog alleging cartelisation.
Kesoram Industries Q3 loss widens to Rs 244.60 crore
The company had reported net loss of Rs 88.28 crore in the same period of the previous fiscal, Kesoram Industries said in a BSE filing.
DoD invites expression of interest for TCIL stake sale
Kick-starting the process of outright sale of the ailing TCIL, the disinvestment deptt has invited expression of interest from entities willing to buy the co.
Kesoram comes off 9% on tyre biz demerger
The turnover of the demerged tyre division is Rs 1,453 crore.
Kesoram Industries Q4 net loss at Rs 74 crore
Income from operations was marginally lower at Rs 1103.13 crore during the quarter
Buy Kesoram Industries, target Rs 200: Rajesh Agarwal
For a very short to medium term, we have a target of Rs 200, maybe next two to three quarters this target can be achieved.
Kesoram Industries rallies over 18% on reports to sell its tyre unit to MRF
For Kesoram, selling its principal unit in Laksar, Uttrakhand would delevarge its balance sheet significantly that has been burdened by a ballooning debt pile of Rs 4425 crore.
JK Group to buy Kesoram's Haridwar tyre unit for Rs 2,200 crore
JK Group will acquire BK Birla flagship firm Kesoram Industries' tyre manufacturing plant at Haridwar for up to Rs 2,200 crore.
Race for Kesoram's tyre unit hots up as Apollo enters fray
While MRF was the front-runner for the asset Apollo has recently entered the fray said multiple sources aware of the ongoing negotiations.
Kesoram Industries Q3 net loss narrows at Rs 88 crore
Total income fell to Rs 1,244.87 crore from Rs 1,302.35 crore a year ago mainly due to lower revenue from its tyre business.
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