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CEAT Invests Millions in Indonesian Subsidiary
5 Dec
Summary
- CEAT's board approved investment up to IDR 3,800 million.
- The investment is for equity shares in PT CEAT Tyres Indonesia.
- Funds will be disbursed in one or more tranches by December 5, 2025.
CEAT's board of directors convened on December 5, 2025, to approve a strategic investment initiative aimed at bolstering its Indonesian subsidiary. The company greenlit an investment of up to IDR 3,800 million, equivalent to approximately Rs 2.07 crore, to be channeled into PT CEAT Tyres Indonesia.
This financial commitment will be realized through the subscription of equity shares, with the flexibility of disbursement in one or more tranches. The decision underscores CEAT's confidence in the growth potential of the Indonesian automotive market and its subsidiary's role within it.
The approved investment reflects CEAT's ongoing strategy to strengthen its international presence and operational capabilities. This infusion of capital is expected to facilitate further development and expansion for PT CEAT Tyres Indonesia, enhancing its market position.
