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CEAT Issues Letters of Confirmation for Duplicate Share Certificates

Story Highlights
  • CEAT has issued letters of confirmation to replace lost or misplaced share certificates for certain shareholders.
  • This action is a routine regulatory compliance measure to protect shareholder interests and maintain accurate share records.
  • 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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The latest announcement is out from CEAT Limited ( (IN:CEATLTD) ).

CEAT Limited has informed the stock exchanges that, in line with regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) and related SEBI circulars, it has issued letters of confirmation in lieu of duplicate share certificates to certain shareholders whose original certificates were reported lost or misplaced. The move, processed through its registrar and transfer agent NSDL Database Management Limited, is an administrative and compliance-related step aimed at safeguarding shareholder interests and ensuring accurate maintenance of the company’s share registry, with no direct impact indicated on the company’s operations or financial position.

More about CEAT Limited

CEAT Limited is a leading Indian tyre manufacturer, part of the RPG Group, producing tyres for a wide range of vehicles and serving domestic and international markets from its headquarters in Mumbai.

Average Trading Volume: 7,442

Technical Sentiment Signal: Buy

Current Market Cap: 150.3B INR

For an in-depth examination of CEATLTD stock, go to TipRanks’ Overview page.

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