The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on May 20, 2025 for RK ETernanova Pvt Ltd ....
APOLLOTYRE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.5 pts less than Nifty Midcap 150 and 0.3 pts more than its Tyres & Rubber Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Apollo Tyres promoter Onkar Kanwar has disclosed a release of pledge on shares held by promoter group entity RK Eternanova Pvt Ltd (formerly Amit Dyechem Pvt Ltd). Onkar Kanwar's 25,45,080 shares (0.40% of share capital) were released from a pledge held by Axis Finance Ltd. Separately, Shalini Kanwar's 15,60,595 shares (0.25% of capital) were also released from pledge. Total shares freed from encumbrance: around 41 lakh equity shares. Post-release, Onkar Kanwar's holding stands at 23.72 crore shares (37.36% of Apollo Tyres' paid-up capital), with zero shares remaining encumbered under this facility.
Pledge release is a positive signal — it reduces encumbrance risk on promoter holdings and suggests loan repayment or improved financial flexibility. Unlikely to materially move the stock price on its own but is viewed favourably as it lowers the risk of forced selling.