CEAT Limited — Board Meeting, 17-10-2024: Outcome of Board Meeting

CEAT Limited's Board approved its unaudited financial results for Q2 FY2024, reporting a revenue of ₹329.81 crores and a profit of ₹13.65 crores. The Board also authorized the issuance of non-convertible debentures (NCDs) up to ₹500 crores and decided to form a wholly-owned subsidiary in Indonesia. Additionally, the security cover for existing NCDs exceeds 125% of principal and interest values as of September 30, 2024.