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CEAT Issues Letters of Confirmation for Duplicate Share Certificates

Story Highlights
  • CEAT has issued letters of confirmation replacing duplicate share certificates for certain shareholders through its registrar.
  • This routine share registry action complies with SEBI regulations and does not materially affect CEAT’s operations or finances.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CEAT Issues Letters of Confirmation for Duplicate Share Certificates

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CEAT Limited ( (IN:CEATLTD) ) has shared an update.

CEAT Limited has informed the stock exchanges that it has issued letters of confirmation in lieu of duplicate share certificates to certain shareholders, in line with regulatory requirements. The action, carried out through its registrar and transfer agent NSDL Database Management Limited under SEBI’s listing regulations and recent circulars, reflects routine share registry administration aimed at maintaining accurate shareholder records and ensuring proper documentation for affected investors, with no indication of any broader impact on the company’s operations or financial position.

More about CEAT Limited

CEAT Limited is an Indian tyre manufacturer and part of the RPG Group, producing tyres and related products for a wide range of vehicles. Headquartered in Mumbai, the company serves domestic and international markets, catering to both original equipment manufacturers and the replacement market.

Average Trading Volume: 16,097

Technical Sentiment Signal: Buy

Current Market Cap: 150.5B INR

See more data about CEATLTD stock on TipRanks’ Stock Analysis page.

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