CEAT Accelerates Strategic Growth with ₹400 Cr Infusion and ₹500 Cr NCD Backing

has taken a calculated step toward strengthening its off-highway tyre footprint by committing up to ₹400 crore into its wholly-owned Sri Lankan subsidiary, CEAT OHT Lanka. The move aligns with its acquisition of the Camso brand's off-highway tyre and track business, signalling its intent to expand product reach and global presence. In addition, the board has approved raising ₹500 crore via unsecured NCDs through private placement with a tenure of up to five years, aimed at optimising its capital structure. These funds will be allocated toward capacity expansion, working capital requirements, and refinancing high-cost debt. This comes alongside a green light for a credit facility of up to ₹1,000 crore, further supporting future scale-up. While CEAT’s balance sheet remains stable, the onus will now be on execution efficiency and revenue traction from the new vertical, especially as the Sri Lankan arm is yet to turn operational. Follow me for more such updates, Thank You! Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.