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.