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.

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.

CEAT Limited has informed stock exchanges about the issuance of confirmation letters in lieu of duplicate share certificates for multiple shareholders, as part of its regulatory compliance obligations under Regulation 39(3) of SEBI LODR 2015. The company submitted the intimation to both BSE and NSE on March 24, 2026, through its Company Secretary Gaurav Tongia.

Certificate Issuance Details

The confirmation letters were issued to three shareholders for a total of 3,787 shares, with certificates dated March 20, 2026. The details of the issued certificates are as follows:

Regulatory Compliance Process

The intimation was processed through NSDL Database Management Limited, which serves as the Registrar and Transfer Agent for CEAT Limited. The confirmation letters were issued pursuant to SEBI Circular no. SEBI/HO/MIRSD/MIRSD_RTAMB/P/2022/8 dated January 25, 2022, following completion of necessary regulatory actions.

Stock Exchange Communication

The formal communication was addressed to both major stock exchanges where CEAT shares are listed. For BSE, the company uses security code 500878, while for NSE, it trades under the symbol CEATLTD. The company also maintains NCD symbols CL26 and CL30 for its non-convertible debentures.

Documentation Process

As per standard regulatory procedure under SEBI LODR Regulation 39(3), the company issued confirmation letters to the securities holders upon completion of the duplicate certificate process. The notice was formally communicated by Sunil Kamble, Assistant Vice President at NSDL Database Management Limited, demonstrating CEAT's adherence to stock exchange requirements for transparency in share certificate matters and shareholder protection protocols.