CEAT is planning to raise funds through issuance of listed/unlisted secured/unsecured redeemable non-convertible debentures (NCDs) on private placement basis. The Board of Directors of the Company at its meeting to be held on January 22, 2020 to consider the same.
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.