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EQUITY - MARKET SCREENER

Akshar Spintex Ltd
Industry :  Textiles - Cotton/Blended
BSE Code
ISIN Demat
Book Value()
541303
INE256Z01025
1.0796743
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
AKSHAR
0
37.01
EPS(TTM)
Face Value()
Div & Yield %
0
1
0
 

Board of CEAT approves investment of Rs 1,314 cr for capacity expansion at Chennai plant
Jan 19,2026
The board of CEAT at its meeting held on 19 January 2026 has approved the proposal for capacity addition of about 35 lakh tyres per annum at the company's Chennai plant at Kannanthangal, Maduramangalam Post, Sriperumbudur TK, Kancheepuram.

The current capacity of the plant is about 95 lakh tyres per annum with existing capacity utilisation of 80%. The capital investment of Rs 1,314 crore is proposed to be funded by a mix of internal accruals and debt.