CCI finds no contravention by CEAT Limited in alleged bid-rigging matter
The Competition Commission of India (CCI) has cleared CEAT Limited after concluding a matter relating to alleged bid-rigging in the procurement tenders of State Transport Undertakings (STUs).The CCI passed its order on August 21, 2026, finding no contravention on the part of CEAT Limited regarding the alleged incident.
The matter under review pertained to the year 2019 and involved allegations of bid-rigging within the procurement tenders of State Transport Undertakings. The CCI's determination closed the matter, concluding that CEAT Limited did not contravene any regulations in the specified context.
CEATLTD Stock Price Movement
CEAT Limited's stock shed value, closing today after slipping by 0.98% to settle at ₹3532.9. The shares traded within a range defined by a daily low of ₹3506 and a high of ₹3565.8.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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