Tuesday, March 18, 2025 | 07:23 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Board of CEAT approves capex of Rs 1205 cr to increase capacity of truck bus radial

Image

Capital Market

At meeting held on 05 May 2021

The Board of CEAT at its meeting held on 05 May 2021 has approved additional investment by way of capex of approx. Rs 1205 crore to enhance capacity of truck bus radial at the Chennai greenfield plant of company, in two phases, up to 190 tons per day capacity over a period of next four years. The investment will be funded through a mix of debt and internal accruals.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 05 2021 | 3:45 PM IST

Explore News