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Ceat to redeem NCDs worth Rs 200 crore

26 Jul 2018 Evaluate

Ceat will be redeeming the 2000 Secured, Listed Redeemable, Non Convertible Debentures (NCDs) of Rs 10,00,000 each aggregating to Rs 200 crore issued and listed by the company on BSE, on July 31, 2018 taking record date as July 30, 2018.

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.

Peers
Company Name CMP
MRF 123284.50
Apollo Tyres 401.55
JK Tyres & Inds. 339.55
Ceat 3285.15
Balkrishna Inds. 2067.10
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