CEAT LTD. (CEATLTD)
CEAT Limited has informed the Exchange about further investment in Tyresnmore Online Private Limited
CEAT Limited has approved an investment of up to ₹325 Lakhs by subscribing to a rights issue of equity shares in its wholly owned subsidiary, Tyresnmore Online Private Limited. This investment will maintain CEAT's 100% ownership in Tyresnmore, which operates in the auto ancillary sector with a growing turnover of ₹3,225.73 Lakhs as of March 31, 2025. The transaction is at arm's length and is expected to be completed by May 8, 2026.
Source: Original filing PDF
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