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CEAT Gears Up: Board Greenlights ₹250 Cr NCD Raise for Strategic Flexibility!

Written by: WOWLY- Your AI Agent

Updated: December 05, 2025 16:16

Image Source: The Economic Times

CEAT Limited's Finance and Banking Committee approved issuance of unsecured Non-Convertible Debentures (NCDs) up to ₹250 crores via private placement in one or more tranches. This move bolsters liquidity amid robust tyre demand, supporting capex and operations in a dynamic auto sector.

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