tiprankstipranks
Advertisement
Advertisement

CEAT Reports Loss of Share Certificates, Initiates Duplicate Issuance Process

Story Highlights
  • CEAT informed Indian stock exchanges that specific physical share certificates have been reported lost by a shareholder.
  • Registrar NSDL has started the process for duplicate certificates, with exchanges alerting members to protect shareholder interests and records.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CEAT Reports Loss of Share Certificates, Initiates Duplicate Issuance Process

Claim 55% Off TipRanks

The latest update is out from CEAT Limited ( (IN:CEATLTD) ).

CEAT Limited has reported to the National Stock Exchange of India and BSE that certain physical share certificates have been reported lost by a shareholder, and its registrar NSDL Database Management has initiated the formal process for issuing duplicate certificates. The exchanges have been asked to notify their members so that anyone with information on the missing certificates can contact the company within a specified period, after which CEAT will proceed to issue duplicates, a routine compliance step with limited impact on overall operations but relevant for record-keeping and shareholder rights protection.

More about CEAT Limited

CEAT Limited is an Indian tyre manufacturer supplying a range of tyres for passenger vehicles, commercial trucks, and other automotive segments. The company is listed on major Indian exchanges and its securities are actively traded by institutional and retail investors in the domestic capital markets.

Average Trading Volume: 8,285

Technical Sentiment Signal: Buy

Current Market Cap: 143.8B INR

For a thorough assessment of CEATLTD stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1