📌 Key Points (Report Summary):
• Company Name: CEAT Limited
• Announcement Date: March 21, 2025
• Filed With: BSE (500878) & NSE (Symbol: CEATLTD)
• Subject: Issuance of confirmation letters in place of lost/duplicate share certificates
• Registrar Involved: NSDL Database Management Ltd
• Action Taken: Company has processed and confirmed 8 duplicate share certificate requests
• Shareholders Included:
-
Ashesh Shah & Sudhar Shah
-
Damayanti & Mahendra Jani
-
Vivekananda & Smita Dighe
-
Patel Babubhai Ranchhodlal
• Total Shares Affected: 131 shares
• SEBI Circular Referenced: SEBI/HO/MIRSD/MIRSD_RTAMB/P/2022/8 (Dated Jan 25, 2022)
💼 Company Overview:
CEAT Limited is a flagship company of the RPG Group and a major player in the tyre industry, manufacturing a wide range of tyres for all segments—two-wheelers, cars, trucks, buses, and more. The company is known for innovation, quality, and a strong presence in both domestic and international markets.
📉 Stock Market Impact:
📊 Investor Sentiment:
The issuance of duplicate share certificates has neutral impact on stock price performance. However, it reflects positively on the company’s compliance and investor services.
📈 Effect on Market:
• Stable operations
• Maintains investor confidence
• Reflects procedural transparency
This is a routine procedural update and is unlikely to significantly influence share prices in the short term.
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