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Apollo Tyres in stock split, higher foreign fund limit

Apollo Tyres Ltd. said its board had approved a move to split each of its share into 10.

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MUMBAI: Apollo Tyres Ltd. said its board had approved a move to split each of its share into 10.   

The board has also approved a move to raise the foreign fund limit in the company up to 30 percent of its paid-up capital, it said in a statement.

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