Apollo Tyres Intimates Of Disruption In Factory Operations In Kerala
2018-08-20 Shutdown/Strikes/Disturbances Transport Equipment Southern India
Apollo Tyres Limited informs that the production operations of the Company's plants located at Perambra and Kalamassery, Kerala have been disrupted due to floods in Kerala. The production loss due to this natural calamity is 1500 MT (approximately) till 20.8.2018. However, consequential loss of profit is not significant. The natural calamity is adequately covered under the Insurance Policy of the Company. Further updates will be communicated in the due course.