STEL Holdings Limited Acquires 14,880 CEAT Limited Shares Worth ₹5 Crores
Published on: March 6, 2026, 3:19 p.m. | Source: scanx.trade
STEL Holdings Limited acquired 14,880 equity shares of CEAT Limited for approximately ₹5 crores at ₹3,351.05 per share through market purchase on March 5, 2026. The acquisition increases STEL's shareholding by 0.037% in CEAT Limited, a leading tyre manufacturer with ₹13,217.87 crores turnover in FY 2024-25. STEL Holdings, being a promoter group member and existing 3.71% shareholder of CEAT, made this investment in ordinary course of business without requiring regulatory approvals.
