NSEGeneral Updates2d ago · 23 Sept 2026, 04:14 pm
General Updates
CEAT Limited · CEATLTD
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CEAT Limited has informed the Exchange about further investment in Tyresnmore Online Private Limited, a wholly owned subsidiary, by subscribing to its rights issue for up to Rs. 460 Lakhs.
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Earnings Impact2/10
Growth Catalyst4/10
Governance Concern1/10
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Full Announcement
CEAT Limited has informed the Exchange about further investment in Tyresnmore Online Private Limited
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CEATLTD_23092026161403_SELettersigned.pdf
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September 23, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Exchange Plaza, Sandra Kurla Complex,
Towers, Dalal Street, Sandra (East),
Mumbai 400 001 Mumbai 400 051
Symbol: CEATLTD
Security Code: 500878
NCD symbol: CL30
Dear Sir/Madam,
Subject: Disclosure under Regulation 30 and 51 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 - Further investment in Tyresnmore Online Private
Limited ('Tyresnmore')
Pursuant to Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, and other applicable provisions, if any, this is to inform you that the Company
has approved an investment up to Rs. 460 Lakhs (Rupees Four Hundred Sixty Lakhs only) by way
of subscription in Rights Issue of equity shares of Tyresnmore Online Private Limited (Tyresnmore),
a wholly owned subsidiary of the Company.
Information pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements)
Regulations, 2015, as amended, read with relevant SEBI Circular(s) are enclosed herewith. The
above information will also be available on the website of the Company www.ceat.com.
Thanking you,
Yours faithfully,
For CEAT Limited
(Gaurav Tongia)
Company Secretary
Encl : A/a
Annexure-A
(Disclosure under Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015
Sr. Particulars Details
1 Name of the target entity, details in Tyresnmore Online Private Limited ("Tyresnmore'') is
brief such as size, turnover etc. a private company with a turnover of INR 4,329.13
Lakhs as on March 31, 2026.
The Company has approved to invest in 37,686
equity shares of Tyresnmore for a total
consideration upto INR 460 Lakhs (Rupees Four
Hundred Sixty Lakhs only), pursuant to a rights
issue.
2 Whether the acquisition would fall The proposed current investment falls under the
within related party transaction(s) and purview of the transaction with related parties under
whether the promoter/ promoter group/ Section 177 of the Companies Act, 2013 and
group companies have any interest in the Regulation 23 of SEBI (Listing Obligations and
entity being acquired? If yes, nature of Disclosure Requirements) Regulations, 2015 and the
interest and details thereof and whether
transaction is at arm's length.
the same is done at "arm's length"
Except to the extent of being a wholly owned
subsidiary of CEAT Limited, the Promoter / promoter
group/ group companies of CEAT Limited do not
have any interest in Tyresnmore/in the transaction.
3 Industry to which the entity Auto Ancillary (selling of automotive tyres, batteries
being acquired belongs
and providing ancillary automotive services)
4 Objects and impact of Proposed investment is in the equity shares of a
acquisition (including but not limited to, wholly owned subsidiary.
disclosure of reasons for acquisition of
target entity, if its business is outside the The Company’s shareholding post this proposed
main line of business of the listed entity) investment remains 100%.
5 Brief details of any governmental or NA
regulatory approvals required for the
acquisition
6 Indicative time period for completion of 37,686 Equity shares pursuant to the current
the acquisition investment would be allotted to the Company
by Tyresnmore latest by October 7, 2026.
7 Consideration - whether cash Cash Consideration by way of remittance through
consideration or share swap or any normal banking channel.
other form and details of the same
8 Cost of acquisition and / or the price at Up to INR 460 Lakhs (Rupees Four Hundred Sixty
which the shares are acquired Lakhs only) towards the proposed subscription of
37,686 equity shares of face value Re.1/- each fully
paid up.
9 Percentage of shareholding / control With the proposed current investment, the
acquired and / or number of shares Company’s shareholding in Tyresnmore remains
acquired 100%.
10 Brief background about the entity Tyresnmore Online Private Limited is a private
acquired in terms of products/line of company incorporated on June 2, 2014, with its
business acquired, date of registered office in New Delhi, India.
incorporation, history of last 3 years’
turnover, country in which the Tyresnmore is, inter alia, engaged in the business of
acquired entity has presence and any selling automotive tyres, accessories and/or
other significant information (in brief) providing services of installing, fitting, wheel
balancing and wheel alignment for automotive tyres.
Turnover:
FY 2023 -24 - INR 2,558.64 Lakhs
FY 2024 -25 – INR 3,225.73 Lakhs
FY 2025 -26 – INR 4,329.13 Lakhs