Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
GOODYEAR · price
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Awaiting price reaction for this filing.
Goodyear India's Board, at a meeting on April 21, 2025, noted a communication from its ultimate parent company, The Goodyear Tire & Rubber Co., USA, about its intention to conduct a strategic review of the Company's farm tire business. The review aims to evaluate all strategic, operational, and financial opportunities related to the farm tire segment. The Company has clarified that the outcome of the review is currently unknown and there is no assurance it will lead to any transaction. Any further developments will be disclosed as per SEBI LODR requirements.
This is an exploratory announcement with no immediate transaction, so share price impact is likely limited for now. Investors should watch for follow-up disclosures, as a future sale, joint venture, or restructuring of the farm tire business could materially affect the Company's valuation.