CEAT Limited has announced the approval for incorporating two new international subsidiaries as part of its strategic expansion into European markets. The Finance and Banking Committee of the Board of Directors approved these proposals during a meeting held on December 23, 2025, which commenced at 4:45 p.m. IST and concluded at 5:03 p.m. IST.

UK Subsidiary Incorporation

The company will establish CEAT UK Limited as a wholly owned subsidiary in the United Kingdom. This new entity will focus on automotive tyres, tubes, flaps, tracks, assembly, and other ancillary and related products.

The initial capital will be infused in one or more tranches, in accordance with applicable local laws and requirements. The incorporation process will now be initiated following the board approval.

German Operations Through Step-Down Structure

CEAT has also approved the incorporation of CEAT GMBH in Germany as a step-down subsidiary. This entity will operate under a structured ownership model through the company's existing Netherlands subsidiary.

The German subsidiary will be wholly owned by CEAT Tyres B.V. Netherlands, which is itself a wholly owned subsidiary of CEAT Limited. This structure will enable the company to leverage its existing European operations while expanding into the German market.

Strategic Business Expansion

Both subsidiaries will engage in comprehensive automotive-related activities including:

• Manufacturing and distribution of automotive tyres and tubes
• Production of flaps and tracks
• Assembly operations
• Product development and research activities
• Other ancillary and related products and services

The German entity will additionally focus on product development and R&D activities, indicating CEAT's commitment to innovation in its European operations. No specific governmental or regulatory approvals are required for the German incorporation, while the UK entity will follow standard incorporation procedures.

Financial Structure and Implementation

The company has outlined a phased approach to capital infusion for both entities. The funding will be provided in accordance with applicable local laws and requirements in respective jurisdictions. This measured approach allows CEAT to manage its international expansion efficiently while ensuring compliance with local regulations.

These incorporations represent CEAT's continued focus on expanding its global footprint in the automotive tyres segment, building upon its existing international presence through strategic subsidiary establishments in key European markets.

CEAT Limited , a leading tyre manufacturer, has successfully concluded its postal ballot process with shareholders overwhelmingly approving the appointment of two directors to its board. The voting results, declared on December 19, 2025, show strong support for both proposed appointments with detailed scrutinizer reports confirming the validity of the process.

Official Voting Results and Regulatory Compliance

The postal ballot, conducted exclusively through remote e-voting from November 19 to December 18, 2025, resulted in the passage of both resolutions with significant majority support. The company has disclosed the results under Regulation 30 and 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The scrutinizer's report, prepared by Mitesh Dhabliwala of Parikh Associates (FCS: 8331), confirmed the validity of the voting process and results. All shareholders whose names appeared in the Register of Members as of the cut-off date of November 12, 2025, were entitled to participate in the voting process.

Appointment of Mr. Apurva Chandra

Mr. Apurva Chandra (DIN: 02531655) has been approved as a Non-Executive Independent Director for a term of five years, from October 17, 2025, to October 16, 2030. The retired Indian Administrative Service officer brings over 36 years of experience in public administration and policy formulation.

Reappointment of Mr. Paras K. Chowdhary

Mr. Paras K. Chowdhary (DIN: 00076807) has been approved as a Non-Executive Non-Independent Director, marking his return to the CEAT board. With over 38 years of experience in the tyre industry, Mr. Chowdhary previously served as Managing Director from 2001 to 2012.

Voting Process and Shareholder Participation

The company conducted the postal ballot exclusively through remote e-voting, utilizing the platform provided by National Securities Depository Limited (NSDL). The voting process was overseen by Company Secretary Gaurav Tongia, ensuring compliance with all regulatory requirements.

The comprehensive voting results have been uploaded on the company's website and NSDL's e-voting platform, ensuring transparency in the corporate governance process. The appointments are expected to strengthen CEAT's board with valuable expertise and industry insights to guide the company's future strategic direction.