CEAT Limited , a leading tyre manufacturer, has announced a postal ballot to seek shareholder approval for the appointment of two directors to its board. The company is proposing to appoint Mr. Apurva Chandra as a Non-Executive Independent Director and Mr. Paras K. Chowdhary as a Non-Executive Non-Independent Director.

Appointment of Mr. Apurva Chandra

Mr. Apurva Chandra, a retired Indian Administrative Service (IAS) officer, is being proposed for appointment as a Non-Executive Independent Director for a term of five years, from October 17, 2025, to October 16, 2030. With over 36 years of experience in public administration, policy formulation, and industrial development, Mr. Chandra brings a wealth of expertise to the board.

Key points about Mr. Chandra's appointment:

• He has served in various high-profile roles in the Government of India and the Government of Maharashtra.
• His areas of expertise include Petroleum and Natural Gas, Defence acquisitions, Labour reforms, Industrial policy, Healthcare, and Media and Broadcasting.
• Mr. Chandra holds a Master's degree in Structural Engineering from IIT Delhi and a Diploma in Business Finance from ICFAI.

Reappointment of Mr. Paras K. Chowdhary

Mr. Paras K. Chowdhary, a veteran in the tyre industry, is being proposed for appointment as a Non-Executive Non-Independent Director. Mr. Chowdhary has previously served on CEAT's board in various capacities, including as Managing Director from 2001 to 2012.

Key points about Mr. Chowdhary's appointment:

• He has over 38 years of experience in senior management positions in the tyre industry.
• Mr. Chowdhary is recognized as one of the foremost experts in the Indian tyre industry.
• He holds a bachelor's degree in Physics (Hons.) and brings extensive industry knowledge to the board.

Voting Process

CEAT Limited has initiated a remote e-voting process for shareholders to cast their votes on these appointments. The key details of the voting process are as follows:

Shareholders whose names appear in the Register of Members/List of Beneficial Owners as of November 12, 2025 (the cut-off date) are eligible to vote on these resolutions.

The appointment of Mr. Apurva Chandra requires approval as a Special Resolution, while Mr. Paras K. Chowdhary's appointment needs approval as an Ordinary Resolution.

CEAT Limited's board believes that these appointments will bring valuable expertise and insights to guide the company's future growth and strategic direction. Shareholders are encouraged to participate in the voting process to have their say in these important corporate governance decisions.

CEAT Limited , a prominent player in the auto ancillary sector, has announced a strategic investment in its wholly-owned subsidiary, Tyresnmore Online Private Limited. The company has approved an investment of up to ₹340 lakhs through a subscription in a rights issue of equity shares of Tyresnmore.

Investment Details

• Investment Amount: Up to ₹340 lakhs
• Shares to be Acquired: 27,855 equity shares
• Face Value: ₹1 per share
• Mode of Payment: Cash consideration via normal banking channels
• Expected Allotment Date: By November 24, 2025

About Tyresnmore Online Private Limited

Tyresnmore, incorporated on June 2, 2014, is engaged in the business of selling automotive tyres, batteries, and accessories. The company also provides installation and wheel alignment services. Here's a snapshot of Tyresnmore's financial performance over the past three fiscal years:

Impact of the Investment

• CEAT's shareholding in Tyresnmore will remain at 100% post this investment.
• The investment falls under the purview of related party transactions but is being conducted at arm's length.
• No governmental or regulatory approvals are required for this acquisition.

Strategic Implications

This investment by CEAT Limited in its subsidiary demonstrates the company's commitment to strengthening its presence in the automotive aftermarket sector. By injecting additional capital into Tyresnmore, CEAT aims to support the growth and expansion of its digital-first subsidiary, which has shown consistent revenue growth over the past three years.

The move aligns with the broader trend in the auto ancillary industry, where companies are focusing on enhancing their digital capabilities and direct-to-consumer channels. As the automotive sector continues to evolve, investments in specialized subsidiaries like Tyresnmore could provide CEAT with a competitive edge in the rapidly changing market landscape.

Investors and industry observers will likely keep a close watch on how this investment translates into future growth and market positioning for both CEAT Limited and Tyresnmore Online Private Limited.