Tyresnmore is, inter alia, engaged in the business of selling automotive tyres, accessories and/or providing services of installing, fitting, wheel balancing and wheel alignment for automotive tyres. The subsidiary reported a turnover of Rs 43.29 crore in FY26.

The company will subscribe to 22,447 fully paid-up equity shares of Tyresnmore Online with a face value of Re 1 each. Following the investment, CEAT's shareholding in the subsidiary will continue to remain at 100%.

CEAT, the flagship company of RPG Enterprises, was established in 1958. It is one of India’s tyre manufacturers and has a strong presence in global markets. The company produces more than 41 million high-performance tyres, catering to various segments like 2-3 wheelers, passenger and utility vehicles, commercial vehicles and off-highway vehicles.

The company’s consolidated surged over two-fold to Rs 243.85 crore in Q4 FY26 compared with Rs 99.49 crore in Q4 FY25. Net sales jumped 23.3% YoY to Rs 4,218.89 crore in Q4 FY26.

The counter declined 1.52% to settle at Rs 3,855 on Wednesday, 8 July 2026.