PTL Enterprises (PTL) was incorporated as a company in 1959. It became an associate company of Apollo Tyres Ltd (ATL) in 1995, when Premier Tyres’ tyres and tubes manufacturing facility in Kalamassery, Kerala, was acquired by Apollo. This facility began commercial production in September 1962 and currently the plant is leased to Apollo tyres on long term basis. All production is done by Apollo Tyres. PTL is listed on National Stock Exchange Ltd. and BSE Ltd.

Business area of the company

The company is engaged in the lease facility business. Its plant has been leased to Apollo Tyres on a long-term basis.