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Ceat to increase FIIs stake to 45%

21 Oct 2014 Evaluate

Ceat is seeking approval to increase the present limit of Foreign Institutional Investors (FIIs) shareholding in the company from 24% to 45% of the paid up equity share capital of the company. The company is proposing to seek approval of the shareholders.

Ceat is among the best tyre manufacturers in India. It manufactures a wide range of tyres for two-wheelers, three-wheelers, four-wheelers, tractors and tippers and trucks. Besides tyres, the company also manufactures and markets tubes and flaps.

CEAT Share Price

3267.05 -58.10 (-1.75%)
11-May-2026 16:59 View Price Chart
Peers
Company Name CMP
MRF 128961.35
Apollo Tyres 405.95
CEAT 3267.05
Balkrishna Inds. 2181.30
JK Tyres & Inds. 395.70
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