CEAT Limited
CEAT Limited (formerly known as Cavi Elettrici e Affini Torino) is an Indian multinational tyre manufacturing company owned by the RPG Group. As of date, CEAT is one of India’s leading tyre manufacturers and has a presence in global markets. CEAT was founded in 1958. CEAT is one of India’s leading tyre brands and the flagship company of the RPG GROUP.
CEAT produces over 165 million tyres a year and manufactures tyres for passenger cars, two-wheelers, trucks and buses, light commercial vehicles, earth-movers, forklifts, tractors, trailers, and auto-rickshaws. The current capacity of CEAT tyres’ plants is over 800 tonnes per day. CEAT manufactures tyres for various types of vehicles like heavy commercial vehicles, light commercial vehicle, off-highway tyres, passenger cars, tractors, motorcycles and scooters, cycles and SUVs. It exports to countries across the Africa, Americas, Australia, and Asia.
COVID-19 CARE: 1.25 Lakh Gammex Gloves, 50,000+ N95 masks and 10,000+ PPE Kits have been given to the BMC officials. 75 COVID-19 testing booth were delivered across 12 districts. 10+ ventilators donated so far.
CEAT Tyres and RPGF is enabling distribution of portable ventilators to charitable and government hospitals. 5.40+ Lakh hot meals served across 13 RPG plant locations, 1,13,000 masks have been produced, 9043 trucks sanitized, Funds of ₹7 crore, raised through Milkar, Total donors 1868. The company is empowering underprivileged women to become professional drivers.
Their shareholding pattern consists of Promoters and Promoter Group having 46.82% of shares, Public having 15.51% shares following by FII’s having 24.01% shares and DII’s with 13.66% shares.