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CEAT to make investment of up to Rs 2.74 crore in Tyresnmore

08 Jul 2026 Evaluate

CEAT has approved an investment up to Rs 2.74 crore by way of subscription in Rights Issue of equity shares of Tyresnmore Online (Tyresnmore), a wholly owned subsidiary of the company. 22,447 Equity shares pursuant to the current investment would be allotted to the company by Tyresnmore latest by July 31, 2026. With the proposed current investment, the company’s shareholding in Tyresnmore remains 100%.

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

3925.00 70.00 (1.82%)
09-Jul-2026 12:23 View Price Chart
Peers
Company Name CMP
MRF 133800.00
Apollo Tyres 439.15
Ceat 3925.00
Balkrishna Inds. 2196.95
JK Tyres & Inds. 402.25
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