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Board of CEAT approves allotment of shares under QIP

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Capital Market

At meeting held on 28 November 2014

CEAT announced that the QIP Committee (the "Committee") of the Board of Directors of the Company at its meeting held on 28 November 2014, has approved the allotment of 44,94,382 (Forty four lakhs ninety four thousand three hundred and eighty two only) equity shares of face value Rs. 10/- each at a premium of Rs. 880/- per Equity Share, aggregating to Rs. 400 crore.

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First Published: Nov 29 2014 | 9:59 AM IST

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