CEAT To Invest Up To ₹35.5 Million In Subsidiary Tyresnmore Via Rights IssueC

By BasisPoint Insight

July 9, 2025 at 11:08 AM IST

CEAT Ltd. on Tuesday said it will invest up to ₹35.5 million in its wholly owned subsidiary, Tyresnmore Online Pvt. Ltd., by subscribing to shares through a rights issue.

Tyresnmore Online is engaged in providing doorstep tyre and battery fitment services, the company said in an exchange filing.