BSECompany Update3d ago · 2 Sept 2026, 05:39 pm

General Update

Ceat Ltd · 500878

✦ AI Summary▼ NegativeRegulatory

Ceat Ltd has received an order from the GST Commissioner (Appeals) in Odisha, rejecting its appeal and accepting the Department's cross-appeal, resulting in a revised tax demand of INR 3.84 crore, along with applicable interest and penalty. The company is evaluating the order and plans to prefer an appeal before the GST tribunal.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment4/10

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Ceat Ltd - 500878 - General Update

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September 2, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai 400 001 Mumbai 400 051 Security Code: 500878 Symbol: CEATLTD NCD symbol: CL26, CL30 Dear Sir/Madam, Sub: Disclosure under Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 and 51 read with other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you about orders issued by the GST Commissioner Appeal, Central Revenue Building, Rajaswa Vihar, Bhubaneswar-07, Odisha. Details required as per relevant SEBI regulations are enclosed herewith as Annexure – A. It is requested to take the same on record. Thanking you, Yours faithfully, For CEAT Limited (Gaurav Tongia) Company Secretary Encl. A/a Annexure-A Sr. Details of the event that need to be Information of such events(s) No. provided 1. Name of the authority Commissioner (Appeals) CGST & CX Appeal, Bhubaneswar 2. Nature and details of the action(s) taken, With reference to the Stock Exchange disclosure dated or order(s) passed March 7, 2025, regarding GST demand order for FY 2020-21 in the State of Odisha (Tax INR 3.06 Cr and penalty INR 30.60 Lakhs, plus applicable interest), the Commissioner (Appeals) has not allowed the Company's appeal and accepted the Department's cross-appeal resulting in withdrawal of the earlier relief amounting to INR 0.78 Cr. Consequently, the tax demand stands revised to INR 3.84 crore, along with applicable interest and penalty. 3. Date of receipt of direction or order, Communication received by authorized officer(s) on including any ad-interim or interim September 2, 2026. orders, or any other communication from the authority 4. Details of the violation(s) / Refer point 2 mentioned above. contravention(s) committed or alleged to be committed 5. Impact on financial, operation or other The Company is evaluating the order and will explore activities of the listed entity, quantifiable preferring an appeal before GST tribunal for the said in monetary terms to the extent possible. matter. It is believed that there is no material impact on the financials, operations or other activities of the Company.