Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby inform you that the Company has entered into a Fourth Addendum Agreement to the existing Share Subscription and Shareholders Agreement with Tyresnmore Online Private Limited (associate of the Company) and other parties for making a further investment of upto Rs. 1 40 00 000 in Tyresnmore on such terms and conditions as prescribed therein to acquire additional 1.83% of the post issue total share capital of Tyresnmore.
Upon completion of the investment the total holding of CEAT Limited in Tyresnmore on a fully diluted basis would be 46.00%
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