Kelani Tyres PLC

Kelani Tyres PLC is a Colombo Stock Exchange–listed company involved in the importation and sale of tyres and in holding investments, and it earns rental income from investment property. The company holds interests in a joint venture and a wholly owned subsidiary and acts as an investment and distribution vehicle for tyre-related activities. The group's tyre manufacturing and distribution activities are carried out through the CEAT Kelani joint venture, which is described in the annual report as the group's principal manufacturing and distribution arm for motor vehicle tyres in Sri Lanka. The company also has a wholly owned subsidiary, Executive Cars (Private) Limited, which operates a vehicle hire business, and CEAT Kelani Holdings (Private) Limited as an investment holding company. Kelani Tyres operates in Sri Lanka and, consistent with its CSE activity description, its activities include manufacturing (through the joint venture), marketing tyres locally and internationally and importing tyres of certain sizes to meet market deficits.