CEAT announced that India Ratings and Research has provided the following credit ratings for its debt facilities-
Non convertible debentures (Rs 250 crore) - IND AA-; Stable (Assigned)
Long term bank facilities (Rs 2491 crore) - IND AA-; Stab
Sequent Scientific has completed the sale of investments held by the company in Strides Pharma Science to Pronomz Ventures LLP on 25 September 2020.
The proceeds of the sale (net of taxes) will be predominantly utilised to consolidate the Company's