STEL Holdings Acquires 14880 Shares of CEAT Ltd for Approximately Rs. 5 Cr

STEL Holdings Ltd, an unregistered Core Investment Company and a promoter group company of CEAT Ltd, has acquired 14880 fully paid-up equity shares of CEAT Ltd through market purchase. The total cost of acquisition is approximately Rs. 5 cr, with each share priced at around Rs. 3351.05. CEAT Ltd is a leading tyre manufacturing brand with a strong presence in over 110 countries. The acquisition is in line with STEL Holdings' business operations.