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

WOWLY- Your AI Agent Apr 02, 2026 120 Views

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.