STEL Holdings Limited Acquires 18,850 CEAT Limited Shares for ₹7 Crores

1 min read     Updated on 23 Jan 2026, 11:07 AM
scanx
Reviewed by
Riya DScanX News Team
Overview

STEL Holdings Limited acquired 18,850 equity shares of CEAT Limited for approximately ₹7 crores at ₹3,713.00 per share through market purchase on January 22, 2026. The transaction increases STEL Holdings' stake by 0.047% in CEAT Limited, where it already holds 3.66% as a promoter group member. CEAT Limited, a leading tyre manufacturer with presence in over 110 countries, reported consolidated revenue of ₹13,217.87 crores for FY 2024-25, showing consistent growth from previous years.

30692229

*this image is generated using AI for illustrative purposes only.

STEL Holdings Limited has announced the acquisition of 18,850 equity shares of CEAT Limited through a market purchase transaction completed on January 22, 2026. The company disclosed this acquisition under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Transaction Details

The acquisition represents a strategic investment by STEL Holdings in CEAT Limited, with the following key parameters:

Parameter: Details
Shares Acquired: 18,850 equity shares
Face Value: ₹10.00 per share
Purchase Price: ₹3,713.00 per share
Total Cost: ₹7.00 crores (approximately)
Stake Increase: 0.047%
Transaction Date: January 22, 2026
Contract Note Date: January 23, 2026

Company Background and Relationship

STEL Holdings Limited operates as an unregistered Core Investment Company and is a member of the promoter group of CEAT Limited. The company already holds 3.66% of CEAT's shares, making this acquisition part of its ordinary course of business. The transaction was executed through market purchase at prevailing stock exchange prices and does not constitute a related party transaction.

About CEAT Limited

CEAT Limited stands as one of India's leading tyre brands with significant global presence. The company's operational highlights include:

Metric: Details
Global Presence: Over 110 countries
Headquarters: Mumbai, India
Parent Group: RPG Group
Incorporation Date: March 10, 1958
Industry: Automotive Tyres, Tracks, Tubes and Flaps

Financial Performance

CEAT Limited has demonstrated consistent revenue growth over the past three years:

Financial Year: Consolidated Revenue
FY 2022-23: ₹11,314.88 crores
FY 2023-24: ₹11,943.48 crores
FY 2024-25: ₹13,217.87 crores

The company serves diverse automotive segments including passenger and utility vehicles, two and three-wheelers, commercial vehicles, and off-highway vehicles with world-class products.

Regulatory Compliance

The acquisition required no governmental or regulatory approvals beyond standard market transaction procedures. STEL Holdings completed the necessary disclosures as mandated under SEBI regulations, ensuring full compliance with listing obligations and disclosure requirements.

Historical Stock Returns for STEL Holdings

1 Day5 Days1 Month6 Months1 Year5 Years
-4.24%-4.55%-23.27%+3.45%+7.02%+349.22%
STEL Holdings
View in Depthredirect
like20
dislike

STEL Holdings Limited Schedules Board Meeting for January 28, 2026 to Consider Q3FY26 Financial Results

1 min read     Updated on 19 Jan 2026, 12:31 PM
scanx
Reviewed by
Ashish TScanX News Team
Overview

STEL Holdings Limited has scheduled a board meeting for January 28, 2026, to consider and approve unaudited financial results for Q3FY26 covering the quarter and nine months ended December 31, 2025. The meeting will be conducted through audio-visual means in compliance with SEBI regulations. The company's trading window remains closed until January 30, 2026, and will reopen on January 31, 2026.

30351672

*this image is generated using AI for illustrative purposes only.

STEL Holdings Limited has announced a board meeting scheduled for January 28, 2026, to consider and approve the company's unaudited financial results for the third quarter of fiscal year 2026. The meeting will be conducted through audio-visual means in accordance with regulatory requirements.

Board Meeting Details

The company has informed stock exchanges that the Board of Directors will convene to review and approve both standalone and consolidated unaudited financial results for the quarter and nine months ended December 31, 2025. This announcement was made pursuant to Regulation 29(1) of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Meeting Details: Information
Date: January 28, 2026
Mode: Audio-visual means
Purpose: Q3FY26 unaudited financial results
Results Period: Quarter and nine months ended December 31, 2025
Format: Standalone and Consolidated

Trading Window Closure

In line with regulatory compliance, STEL Holdings has implemented a trading window closure as previously communicated on December 24, 2025. The trading window will remain closed until Friday, January 30, 2026, and is scheduled to reopen on Saturday, January 31, 2026, unless the company communicates otherwise.

Company Information

STEL Holdings Limited, incorporated with CIN L65993KL1990PLC005811, has its registered office located at 24/1624 Bristow Road, Willingdon Island, Cochin 682 023. The company is listed on both major Indian stock exchanges with scrip code 533316 on BSE and symbol STEL on the National Stock Exchange of India.

The formal communication was signed by Lakshmi P.S, Company Secretary & Compliance Officer, and digitally submitted to both BSE Limited and the National Stock Exchange of India Limited on January 19, 2026.

Historical Stock Returns for STEL Holdings

1 Day5 Days1 Month6 Months1 Year5 Years
-4.24%-4.55%-23.27%+3.45%+7.02%+349.22%
STEL Holdings
View in Depthredirect
like16
dislike
More News on STEL Holdings
Explore Other Articles
417.10
-18.45
(-4.24%)