NSEGeneral Updates8 Jul 2026 · 8 Jul 2026, 05:51 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 of equity shares for up to Rs. 274 Lakhs.
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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_08072026175152_SELettersigned.pdf
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July 08, 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: CL26, 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. 274 Lakhs (Rupees Two Hundred Seventy-Four 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
DS/MJ
Annexure-A
(Disclosure under Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015
Name of the target entity, details in brief Tyresnmore Online Private Limited ("Tyresnmore'')
such as size, turnover etc. is a private company with a turnover of ₹ 4,329.13
Lakhs as on March 31, 2026.
The Company has approved to invest in 22,447
equity shares of Tyresnmore for a total
consideration upto Rs. 274 Lakhs (Rupees Two
Hundred Seventy-Four Lakhs only), pursuant to a
rights issue.
Whether the acquisition would fall within The proposed current investment falls under the
related party transaction(s) and whether purview of the transaction with related parties
the promoter/ promoter group/ group under Section 177 of the Companies Act, 2013 and
companies have any interest in the entity Regulation 23 of SEBI (Listing Obligations and
being acquired? If yes, nature of interest Disclosure Requirements) Regulations, 2015 and
and details thereof and whether the same is
the transaction is at arm's length.
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.
Industry to which the entity being Auto Ancillary (selling of automotive tyres,
acquired belongs
batteries and providing ancillary automotive
services)
Objects and impact of acquisition Proposed investment is in the equity shares of a
(including but not limited to, disclosure wholly owned subsidiary.
of reasons for acquisition of target entity,
if its business is outside the main line of The Company’s shareholding post this proposed
business of the listed entity) investment remains 100%.
Brief details of any governmental or NA
regulatory approvals required for the
acquisition
Indicative time period for completion of 22,447 Equity shares pursuant to the current
the acquisition investment would be allotted to the Company
by Tyresnmore latest by July 31, 2026
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
Cost of acquisition and / or the price at Up to Rs. 274 Lakhs (Rupees Two Hundred Seventy-
which the shares are acquired Four Lakhs only) towards the proposed subscription of
22,447 equity shares of face value Re.1/- each fully paid
Percentage of shareholding / control With the proposed current investment, the Company’s
acquired and / or number of shares shareholding in Tyresnmore remains 100%.
acquired
Brief background about the entity Tyresnmore Online Private Limited is a private company
acquired in terms of products/line of incorporated on June 2, 2014, with its registered office
business acquired, date of incorporation, in New Delhi, India.
history of last 3 years’ turnover, country in
which the acquired entity has presence and
Tyresnmore is, inter alia, engaged in the business of
any other significant information (in brief)
selling automotive tyres, accessories and/or providing
services of installing, fitting, wheel balancing and wheel
alignment for automotive tyres.
Turnover:
FY 2023 -24 - 2,558.64 Lakhs
FY 2024 -25 - 3,225.73 Lakhs
FY 2025 -26 – 4,329.13 Lakhs