Legal19 Mar 2025, 11:55 pm
Tirupati Tyres Denies Receiving Rs. 350 Crores Order from Michelin
AI Summary
Tirupati Tyres Limited has issued a clarification stating that it has not entered into any agreement with Michelin or any other related party. The company has denied the claims made in various stock recommendations circulating on social media platforms and news articles about receiving an order worth Rs. 350 crores from Michelin and being debt-free.
Key Highlights
- Tirupati Tyres Limited has not entered into any agreement with Michelin or any other related party
- The company has denied the claims made in various stock recommendations circulating on social media platforms and news articles
- The information about receiving an order worth Rs. 350 crores from Michelin and being debt-free is incorrect and misleading