CEAT Limited has announced a name change for its wholly owned US subsidiary, effective December 10, 2025. The tyre manufacturer informed both BSE and NSE about this corporate development through a regulatory filing.

Subsidiary Name Change Details

The company's wholly owned subsidiary has undergone a rebranding exercise with the following changes:

Regulatory Compliance

CEAT Limited filed this intimation in compliance with SEBI regulations. The announcement was made pursuant to Regulation 30 and 51, read with other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The filing was submitted to both major Indian stock exchanges where CEAT shares are listed. The company trades on BSE with security code 500878 and on NSE with the symbol CEATLTD.

Corporate Structure Impact

This name change represents a streamlining of the subsidiary's identity, moving from the more specific "Specialty Tires" designation to the broader "Tires" branding. The change aligns the subsidiary's name more closely with the parent company's core business focus while maintaining the CEAT brand identity in international markets.

The subsidiary operates as part of CEAT's international expansion strategy, and this rebranding exercise may reflect evolving business priorities or market positioning strategies in the US market.

CEAT Limited , a leading Indian tire manufacturer, has announced significant financial moves that underscore its commitment to growth and expansion. The company's Finance and Banking Committee has approved two key decisions: the issuance of Non-Convertible Debentures (NCDs) and an investment in its Indonesian subsidiary.

NCD Issuance

CEAT Limited has given the green light to issue unsecured Non-Convertible Debentures (NCDs) worth up to Rs. 250.00 crores on a private placement basis. This new issuance comes in addition to the company's existing NCDs of Rs. 150.00 crores, bringing the total NCD portfolio to Rs. 400.00 crores. This move suggests that CEAT is leveraging debt financing to support its operations and potential expansion plans.

Investment in Indonesian Subsidiary

In a strategic move to strengthen its international presence, CEAT has approved an investment of up to IDR 3,800 million (approximately Rs. 2.07 crores) in PT CEAT Tyres Indonesia. This investment will increase CEAT's shareholding in the subsidiary to about 99.93%. PT CEAT Tyres Indonesia, incorporated in February 2025, is a relatively new addition to CEAT's global footprint, indicating the company's focus on expanding its international operations.

Financial Position

To provide context for these decisions, let's look at CEAT's recent financial position based on its consolidated balance sheet data:

The financial data shows that CEAT has experienced growth across various metrics over the past year. The company's total assets have increased by 12.19%, while current assets have grown by a substantial 25.31%. This growth in assets, coupled with the increase in current liabilities, suggests that CEAT is actively investing in its operations and expansion.

The decision to issue additional NCDs aligns with the company's overall financial strategy, potentially aimed at supporting its growth initiatives and maintaining a balanced capital structure. Meanwhile, the investment in the Indonesian subsidiary reflects CEAT's commitment to strengthening its global presence and capitalizing on international market opportunities.

As CEAT continues to navigate the competitive tire industry, these strategic financial moves demonstrate the company's proactive approach to growth and its focus on both domestic and international markets.