Fitch Ratings no longer provides ratings or analytical coverage of Ceat Kelani Holdings

The international credit rating agency, Fitch Ratings said that they no longer provide ratings or analytical coverage of Ceat Kelani Holdings.

In a response to the publication of the private rating letter by Kelani Tyres PLC on 26 March 2021, the rating agency said that the previous rating was expired on 1 March 2021.

Fitch Ratings assigned a point-in-time private National Long-Term Rating of ‘AA(lka)’/Stable to Sri Lanka-based Ceat Kelani Holdings (Private) Limited on 3 February 2021.