CEAT Limited — Important, 02-05-2025: General Updates

CEAT Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company has set up a step-down subsidiary in Sri Lanka, CEAT OHT Ventures (Private) Limited, with initial capital of LKR 3 lakh. This entity will focus on industrial development, construction, and leasing of commercial facilities to support automotive tyre manufacturing and storage. CEAT OHT Lanka (Private) Limited holds 49%, with the remainder owned by a local partner.