CEAT Limited Launches Second 100 Days Campaign for Shareholder KYC Updates and Dividend Claims

1 min read     Updated on 02 Apr 2026, 11:43 PM
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Radhika SScanX News Team
AI Summary

CEAT Limited has launched the Second 100 Days Campaign 'Saksham Niveshak' following IEPFA directive dated March 27, 2026, to help shareholders update KYC details and claim unpaid dividends. The campaign requires specific documentation for demat and physical shareholding modes, encourages nomination compliance per SEBI circular dated June 10, 2024, and allows document submission through physical or email channels to NSDL Database Management Limited.

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CEAT Limited has initiated the Second 100 Days Campaign titled 'Saksham Niveshak' following a directive from the Investor Education and Protection Fund Authority (IEPFA) dated March 27, 2026. The campaign is designed to encourage shareholders to update their Know Your Customer (KYC) details and claim unpaid or unclaimed dividends before they are transferred to the Investor Education and Protection Fund (IEPF).

Campaign Overview and Objectives

The IEPFA communication dated March 27, 2026, requested companies to re-initiate this comprehensive outreach program to connect with shareholders whose dividends remain unpaid or unclaimed. The primary focus is on shareholders who have not updated critical KYC information including PAN details, nomination records, contact information, bank account details, or signatures.

Documentation Requirements

The company has outlined specific documentation requirements based on the mode of shareholding:

Shareholding Mode Required Documents
Demat Mode Self-attested copy of Client Master List with updated particulars
Self-attested PAN Card & Address proof (utility bill not older than 3 months)
Physical Mode Form ISR-1 duly filled with supporting documents
Form ISR-2 – Bank confirmation of security holder signature

Nomination Process and Compliance

Pursuant to SEBI Circular SEBI/HO/MIRSD/POD-1/P/CIR/2024/81 dated June 10, 2024, shareholders are strongly encouraged to provide their choice of nomination. The company has specified two options for nomination compliance:

  • Form SH-13: For registration of nomination
  • Form ISR-3: For opting out of nomination

Submission Process

Shareholders can submit their completed documents to NSDL Database Management Limited, the company's Registrar and Transfer Agent, through the following methods:

Submission Method Details
Physical Submission Self-attested and dated copies to NSDL Database Management Limited, 4th Floor, Tower 3, One International Center, Senapati Bapat Marg, Prabhadevi, Mumbai - 400013
Email Submission Duly signed documents from registered email ID to investor.ndmlrta@ndml.in

Company Communication

The communication was signed by Gaurav Tongia, Company Secretary of CEAT Limited, and has been made available on the company's official website at www.ceat.com . The initiative demonstrates the company's commitment to ensuring shareholders maintain updated records and can access their rightful dividend payments without complications.

Historical Stock Returns for CEAT

1 Day5 Days1 Month6 Months1 Year5 Years
-0.52%-5.09%-4.62%-3.44%+17.11%+111.07%

How might CEAT's dividend payout ratio be affected if a significant portion of unclaimed dividends are successfully recovered through this campaign?

Will other major Indian companies follow CEAT's approach and launch similar KYC update campaigns in response to IEPFA directives?

What potential impact could the new SEBI nomination requirements have on retail investor participation in Indian equity markets?

CEAT Limited Receives GST Demand Order of INR 4.7 Crore for FY 2019-20

1 min read     Updated on 31 Mar 2026, 06:58 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

CEAT Limited disclosed receiving a GST demand order of INR 4.7 crore from Tamil Nadu State Tax Officer for FY 2019-20, along with equal penalty and interest for alleged ineligible input tax credit utilization. The company plans to appeal the order and believes there will be no material impact on operations or financials.

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CEAT Limited has received a Goods and Services Tax (GST) order from Tamil Nadu authorities demanding INR 4.7 crore for Financial Year 2019-20. The tire manufacturer disclosed this development in a regulatory filing dated March 30, 2026, pursuant to SEBI listing regulations.

GST Order Details

The order was issued by the State Tax Officer, Group-VIII, Intelligence-II Chennai-6, Tamil Nadu. The demand pertains to alleged availment and utilization of ineligible input tax credit during FY 2019-20.

Parameter: Details
Issuing Authority: State Tax Officer, Group-VIII, Intelligence-II Chennai-6, Tamil Nadu
Demand Amount: INR 4.7 Cr
Penalty Amount: INR 4.7 Cr
Financial Year: 2019-20
Communication Date: March 30, 2026

Nature of Allegations

The GST authorities have confirmed a demand of INR 4.7 crore along with an equal amount of penalty of INR 4.7 crore and applicable interest. The order relates to alleged contraventions regarding the availment and utilization of ineligible input tax credit during the specified financial year.

Company's Response and Impact Assessment

CEAT Limited has indicated that it is exploring the option of preferring an appeal against the said order. The company has assessed that there is no material impact expected on its financials, operations, or other activities.

The disclosure was made in compliance with Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's authorized officers received the communication on March 30, 2026.

Regulatory Compliance

The filing demonstrates CEAT's adherence to regulatory disclosure requirements for material events that could potentially affect stakeholder interests. The company has provided comprehensive details as mandated under relevant SEBI regulations, ensuring transparency in its regulatory communications.

Historical Stock Returns for CEAT

1 Day5 Days1 Month6 Months1 Year5 Years
-0.52%-5.09%-4.62%-3.44%+17.11%+111.07%

What precedent could this GST order set for other tire manufacturers regarding input tax credit eligibility in Tamil Nadu?

How might CEAT's appeal process timeline affect investor confidence and stock performance in the coming quarters?

Could this GST scrutiny trigger similar investigations into CEAT's tax compliance in other states where it operates?

More News on CEAT

1 Year Returns:+17.11%