CEAT Limited approves ₹3.25 crore investment in a rights issue for its wholly-owned subsidiary Tyresnmore.
Tyresnmore operates in the auto ancillary sector with a turnover of ₹32.26 crore in FY2024-25.
The investment maintains CEAT's 100% ownership and is classified as a related party transaction.
Share allotment for the 26,626 equity shares is scheduled to be completed by May 08, 2026.