Meeting Updates

August 17, 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 Regulations 30 and 51 of the SEBI Listing Regulations, this is to inform you that the Finance and Banking Committee (FBC) of the Board of Directors of the Company at its meeting held on August 17, 2026, which commenced at 6.45 p.m. IST and concluded at 7.10 p.m IST, inter-alia considered and approved the following matters: Partial Conversion of pre-existing inter-company loans into equity shares The conversion of a portion of the pre-existing inter-company loan, for an amount of USD 24.5 million into equity shares of CEAT OHT Lanka (Private) Limited, a wholly owned subsidiary of the Company. The transaction does not involve any fresh infusion of capital/movement of funds and converts part of existing debt into equity. CEAT OHT Lanka (Private) Limited continues to be a wholly owned subsidiary. The details as per relevant SEBI Circular(s) are enclosed herewith as Annexure. It is requested to take the same on record. Thanking you, Yours faithfully, For CEAT Limited (Gaurav Tongia) Company Secretary Annexure Conversion of pre-existing inter-company loans into equity shares Sr. No Particulars Details 1 Name of the target entity, CEAT OHT Lanka (Private) Limited details in brief such as size, Size/Turnover: INR 4,206 Million turnover etc. 2 Whether the acquisition Being a wholly owned subsidiary, the said entity is a related party would fall within related of the Company. Further except, to the extent of being such party transaction(s) and subsidiary, the Promoter / promoter group/ group companies of whether the promoter/ CEAT Limited, do not have any interest in the said entity. promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at "arm's length" 3 Industry to which the Automotive Tyres, Tubes, Tracks and other ancillary entity being acquired products/activities belongs 4 Objects and impact of Partial conversion of outstanding inter-company loan into equity acquisition (including but shares of the said Wholly Owned Subsidiary. The total loan not limited to, disclosure of amount is USD 80 million out of which USD 24.5 million is reasons for acquisition of proposed to be so converted subject to approvals by relevant target entity, if its business authorities, as applicable. is outside the main line of business of the listed entity) 5 Brief details of any The proposed conversion is subject to approval by the Board of governmental or regulatory Investment (BOI) in Sri- Lanka, as required under local norms. approvals required for the acquisition 6 Indicative time period for NA, since the shares are arising out conversion of loan. completion of the acquisition 7 Consideration - whether Conversion of loan amounting to LKR 8,218,525,000 (USD cash consideration or share equivalent of 24.5 Millon), into 12,788,094 ordinary shares at a swap or any other form subscription price of LKR 642.67 per share subject to approval by and details of the same the Board of Investment (BOI) in Sri- Lanka as required under 8 Cost of acquisition and / or local norms the price at which the shares are acquired 9 Percentage of shareholding The said conversion will not cause any change in the percentage / control acquired and / or shareholding and CEAT OHT Lanka (Private) Limited will continue number of shares acquired to remain a 100% wholly owned subsidiary of the Company. 10 Brief background about CEAT OHT Lanka (Private) Limited is a wholly owned subsidiary the entity acquired in terms incorporated on March 3, 2025, with its registered office in Sri- of products/line of business acquired, date of Lanka. incorporation, history of last 3 years’ turnover, country CEAT OHT Lanka (Private) Limited is, engaged inter alia, in the in which the acquired entity has presence and any business of selling Automotive Tyres, Tubes, Tracks and other other significant information ancillary products/activities. (in brief) Last 3 years Turnover: a. FY2023-24- Nil b. FY2024-25- Nil c. FY2025-26 - INR 4,206 Million (Since the entity was incorporated on March 3, 2025, information available for the relevant period is provided)