* Approved the issuance of unsecured Non-Convertible Debentures (NCD) for up to ₹250 crore in one or more tranches via private placement, in addition to existing NCDs of ₹150 crore. * Approved investment of up to IDR 3,800 Million (approximately ₹2.07 crore) in one or more tranches, by subscribing to equity shares of PT CEAT Tyres Indonesia, a subsidiary. * The NCDs are proposed to be listed on the Wholesale Debt Market Segment of the National Stock Exchange of India Limited. * The indicative tenure of the NCDs will not exceed 5 years with annual interest payments and bullet repayment of principal at maturity.
