Incorporated in 2018, Viaz Tyres Limited is an Ahmedabad-based company engaged in manufacturing of rubber tubes for bicycles, two and three-wheelers, passenger vehicles, and heavy-load industrial vehicles.
VIAZ Tyres' board approved a new independent director, Bharatkumar Soni. It also cleared remuneration hikes for the CMD and WTD, pending shareholder nod. The company will move its registered office and prepare for its 8th Annual General Meeting.
Viaz Tyres Limited has informed the Exchange regarding Appointment of Mr Bharatkumar Sukhlal Soni as Non- Executive Independent Director of the company w.e.f. August 27, 2026.
Viaz Tyres converted 7,52,500 convertible warrants into new equity shares at ₹70 each, allotting them to promoters. This move injected ₹3.95 Cr into the company and boosted promoter holding, impacting the overall capital structure.