CEAT Limited has announced updated credit ratings from CARE Ratings and Research (CARE) across its various financial instruments, demonstrating the company's maintained creditworthiness in the market. The tire manufacturer communicated these developments to stock exchanges on January 8, 2026, in compliance with regulatory disclosure requirements.

Credit Rating Details

CARE Ratings provided comprehensive ratings across CEAT's debt instruments and banking facilities. The rating agency's assessment covers both short-term and long-term financial instruments, reflecting the company's overall credit profile.

Key Rating Highlights

The rating update reveals several important aspects of CEAT's financial position. The commercial paper rating of CARE A1+ was specifically reaffirmed, indicating continued confidence in the company's short-term debt servicing capabilities. This rating applies to commercial paper worth ₹1,000 crores.

For longer-term instruments, CARE maintained its AA rating with a positive outlook on both non-convertible debentures and long-term bank facilities. The non-convertible debentures carry a total value of ₹500 crores under this rating category.

Banking Facility Adjustments

Notable changes occurred in the company's banking facility limits during this rating exercise. Long-term bank facilities were reduced from ₹1,469 crores to ₹1,406 crores, representing a decrease of ₹63 crores. Conversely, short-term bank facilities saw an enhancement from ₹1,795 crores to ₹1,920 crores, an increase of ₹125 crores.

Both categories of bank facilities maintained their respective ratings - CARE AA/Positive for long-term facilities and CARE A1+ for short-term facilities. This adjustment in facility limits suggests strategic financial management aligned with the company's operational requirements.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 and 55 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Gaurav Tongia signed the communication digitally, ensuring proper corporate governance protocols were followed in the announcement to both BSE and NSE.

CEAT Limited has announced its financial disclosure schedule for the third quarter of fiscal year 2026, with a board meeting set for January 19, 2026, followed by an earnings call on January 20, 2026. The company will review its quarterly performance and engage with investors and analysts to discuss the results.

Board Meeting Schedule

The Board of Directors will convene on January 19, 2026, to review and approve the company's unaudited financial results for the quarter ended December 31, 2025. This meeting represents a critical milestone in the company's regular financial reporting cycle.

Earnings Call Details

Following the board meeting, CEAT will host a post-results conference call on January 20, 2026, to discuss the quarterly performance with stakeholders. The virtual earnings call will provide investors and analysts an opportunity to interact directly with the company's senior management.

Management Participation

The earnings call will be led by key members of CEAT's senior management team. Mr. Arnab Banerjee, Managing Director & CEO, and Mr. Kumar Subbiah, Chief Financial Officer, will represent the company during the conference call. The management team will present the quarterly results and address questions from participants.

Regulatory Compliance

In accordance with SEBI regulations, CEAT has implemented necessary compliance measures. The company has confirmed that its trading window is currently closed as part of standard protocol during the financial results preparation period. The trading window closure affects all dealings in the company's securities and will continue until 48 hours after the official declaration of the financial results.

Stock Exchange Notifications

CEAT has formally notified both BSE Limited and the National Stock Exchange about the upcoming events. The notifications were made pursuant to Regulation 30 and Regulation 50 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The official communications were signed by Gaurav Tongia, Company Secretary of CEAT Limited, ensuring transparency in corporate governance practices.