CEAT Limited has been assigned an overall ESG score of 64, placing it in the 'Strong' category by ESG Risk Assessments and Insights Limited. The rating was disclosed on August 27, 2026.

The assessment is based on disclosures and data available in the public domain. The company made the disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Rating Details

Gaurav Tongia, Company Secretary of CEAT Limited, signed the intimation to BSE Limited and National Stock Exchange of India Limited.

CEAT Limited received a favorable Order-in-Appeal from the Commissioner (Appeals), CGST Thane Commissionerate, Mumbai, on August 26, 2026. The ruling resolved a tax demand of ₹107 crore related to the supply of tubes and flaps along with tyres.

The appellate authority adjudicated the matter in favor of the company, classifying the issue as an interpretational matter. The order stated that the proceedings initiated under Section 74 of the Central Goods and Services Tax Act, 2017, were not sustainable.

Regulatory Disclosure

The company disclosed the development pursuant to Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Gaurav Tongia, Company Secretary, and submitted to the Bombay Stock Exchange and National Stock Exchange of India Limited on August 27, 2026.

What the Numbers Show

The resolution of this ₹107 crore demand eliminates a significant contingent liability from the company’s balance sheet. By ruling that the Section 74 proceedings were unsustainable, the authority effectively nullified the potential cash outflow associated with this specific tax interpretation. This outcome preserves the company’s liquidity position without impacting the profit and loss statement, as no provision or expense related to this specific demand had been finalized as a loss prior to this order.