CEAT Limited has issued a public notice regarding a request to remove a joint holder from specific shareholdings, following a submission by the remaining shareholders. The notice pertains to Folio No. ZVK0001047, which currently holds 137 equity shares jointly by Mr. Kailash Chandra Lath, Ms. Nirmala Lath, and Mr. Gulshan Kumar Arora. The company has received a request to delete the name of Mr. Arora and issue a share certificate in the names of the remaining two holders.

The remaining shareholders have informed the company that Mr. Gulshan Kumar Arora is not traceable and his whereabouts are not known. Consequently, they have submitted an undertaking to this effect to facilitate the requested transfer of securities. The notice was issued pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026.

Details of the Securities

The specific details of the securities involved in the proposed transfer are outlined below:

Stakeholder Action Required

As a matter of prudence, the company has invited any person with a claim, objection, or interest in the aforementioned securities to lodge the same in writing. Any objections must be submitted along with supporting documents to the company or its Registrar and Transfer Agent within 30 days from the date of publication of this notice, which is June 09, 2026.

If no claims are received within the stipulated period, CEAT Limited stated it will process the request in accordance with applicable SEBI regulations and circulars without any further reference. The company clarified that no claim would lie against it or its officials regarding the transfer or any consequential matters once the deadline passes.

CEAT Limited received a revised order from the GST State Tax Officer, Group-VIII, Intelligence-II Chennai-6, Tamil Nadu, on June 3, 2026, reducing the earlier tax demand. The confirmed demand now stands at Rs 6.4 crore plus interest, down from the previously communicated figure of Rs 9.4 crore. The reduction pertains to the financial year 2019–20 and addresses allegations regarding the availment and utilisation of ineligible input tax credit. The company stated that it believes there is no material impact on its financials, operations, or other activities, and is exploring the option of preferring an appeal against the order.

The disclosure was made to the exchanges pursuant to Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This communication serves as an update to the earlier intimation dated March 30, 2026, which had initially detailed the higher demand.

The revised order breaks down the confirmed demand into specific components. The rectified order (DRC-08) significantly lowered the financial implications compared to the initial assessment.

The company management, represented by Company Secretary Gaurav Tongia, confirmed that the entity is evaluating legal recourse to contest the revised demand. The communication was officially signed and submitted on June 4, 2026.