Ceat Ltd. — Capital/Financing Update 2025

Dec 5, 2025

==> picture [426 x 89] intentionally omitted <==

December 5, 2025

BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001 Security Code: 500878

National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai 400 051 Symbol: CEATLTD NCD symbol: CL26

Dear Sir/Madam,

Sub: Disclosure under Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

This is continuation of our letter(s) dated December 2, 2025. Pursuant to Regulations 30 and 51 of the SEBI Listing Regulations, this is to inform you that the Finance and Banking Committee (FBC) of the Board of Directors of the Company at its meeting held on December 5, 2025 which commenced at 2:45 p.m IST and concluded at 3:27 p.m. IST, inter-alia consented, approved and/or noted the following:

• Issuance of unsecured Non-Convertible Debentures (‘NCD’) for an amount upto Rs. 250 crores in one or more tranches, on a private placement basis.

This is an addition to the existing NCDs of Rs. 150 crores already issued by the Company.

• Investment upto IDR 3,800 Million i.e. INR 2.07 Crores approximately (or equivalent currency) in one or more tranches, by way of subscription to equity shares of PT CEAT Tyres Indonesia, Indonesia, a Subsidiary of the Company.

Details required as per the relevant SEBI Circular(s) are enclosed herewith as Annexure(s).

It is requested to take the same on record.

Thanking you,

Yours faithfully, For CEAT Limited

GAURAV TONGIA Digitally signed by GAURAV TONGIA Date: 2025.12.05 15:46:52 +05'30'

(Gaurav Tongia) Company Secretary

Encl. A/a

==> picture [96 x 17] intentionally omitted <==

==> picture [426 x 89] intentionally omitted <==

Annexure(s)

Proposed Issuance of NCDs

==> picture [441 x 555] intentionally omitted <==

----- Start of picture text -----

Sr. No Particulars Details
1. Type of securities proposed to be issued Rated, Listed, Unsecured Redeemable Non-
Convertible Debentures
2. Type of issuance Private placement
3. Total number of securities proposed to be 2,500 NCDs of Face Value of Rs. 10,00,000
issued or the total amount for which the each, aggregating up to Rs. 250 crores in
securities will be issued aggregate, one or more tranches.
4. Size of the issue Up to Rs. 250 crores in one or more tranches
5. Whether proposed to be listed? If yes, name Yes. Proposed to be listed on Wholesale Debt
of the stock exchange(s) Market Segment of National Stock Exchange of
India Limited
6. Tenure of the instrument - date of allotment Tenure not exceeding 5 years.
and date of maturity
Further details would be submitted upon
allotment.
7. Coupon/interest offered, schedule of Coupon/interest offered: Fixed Rate
payment of coupon/interest and principal
The Coupon rate will be determined basis
bidding at Electronic Book Provider (EBP)
Platform of NSE. Relevant details will then be
submitted, accordingly
Schedule of payment of coupon/interest:
Annual Interest.
Payment Schedule payment of principal: Bullet
repayment at the end of respective maturity
period.
8. Charge/security, if any, created over the Not applicable as NCDs are unsecured
assets
9. Special right/interest/privileges attached to Not applicable
the instrument and changes thereof
10. Delay in payment of interest / principal
amount for a period of more than three
months from the due date or default in
payment of interest / principal
11. Details of any letters or comments regarding
payment/non‐payment of interest, principal
on due dates, or any other matter
concerning the security and/or the assets
along with its comments thereon, if any
----- End of picture text -----

==> picture [96 x 17] intentionally omitted <==

==> picture [426 x 89] intentionally omitted <==

12.		Details of redemption of ~~iditi th~~	Bullet repayment at the end of the respective maturity period.
13.		Any cancellation or termination of proposal for issuance of securities including reasons thereof.	Not applicable

Note: Aforesaid are indicative terms for proposed issuance of NCDs to be effected in due course, subject to evolving market developments.

==> picture [96 x 17] intentionally omitted <==

==> picture [426 x 89] intentionally omitted <==

Investment in PT CEAT Tyres Indonesia

==> picture [448 x 566] intentionally omitted <==

----- Start of picture text -----

Sr. Particulars Details
No
1 Name of the target entity, PT CEAT TYRES INDONESIA
details in brief such as size,
turnover etc. The entity was set up with an initial capital of IDR 10,010,000,000
(Indonesian Rupiah Ten Billion Ten Million Only).
Size/Turnover: The target entity was incorporated in February
2025. Total Turnover for the period ended September 30, 2025, is
IDR 2,953.64 million
2 Whether t h e The proposed investment falls under the purview of the transaction
a c q u i s i t i o n w o u l d with related parties under Section 177 of the Companies Act, 2013
fall within related party and Regulation 23 of SEBI (Listing Obligations and Disclosure
transaction(s) and whether Requirements) Regulations, 2015 and the transaction is at arm's
the promoter/ promoter length.
group/ group companies
have any interest in the Except to the extent of being a subsidiary of CEAT Limited, the
entity being acquired? If yes, Promoter / promoter group/ group companies of CEAT Limited do
nature of interest and details not have any interest in PT CEAT Tyres Indonesia/in the
thereof and whether the transaction.
same is done at "arm's
length"
3 Industry to which the Automotive Tyres, Tubes and other ancillary products/activities
entity being acquired belongs
4 Objects and impact of Proposed investment is in the equity shares of an extant subsidiary.
acquisition (including but
not limited to, disclosure of
reasons for acquisition of
target entity, if its business is
outside the main line of
business of the listed entity)
5 Brief details of any NA
governmental o r regulatory
approvals required for the
acquisition
6 Indicative time period for Expected to be completed by Jan 31, 2026.
completion of the acquisition
7 Consideration - whether Cash Consideration by way of remittance through normal banking
cash consideration or share channel.
swap or any other form
and details of the same
----- End of picture text -----

==> picture [96 x 17] intentionally omitted <==

==> picture [426 x 89] intentionally omitted <==

8	Cost of acquisition and / or the price at which the shares are acquired	Up to IDR3800 million i.e. INR 2.07 Crores approximately (or equivalent currency) in one or more tranches by way of subscription to equity shares of PT CEAT Tyres Indonesia, Indonesia, a Subsidiary of the Company.
9	Percentage of shareholding / control acquired and / or number of shares acquired	With the proposed current investment, the Company’s shareholding in PT CEAT Tyres Indonesia shall be about 99.93%.
10	Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years’ turnover, country in which the acquired entity has presence and any other significant information (in brief)	PT CEAT Tyres Indonesia is a company incorporated in February 2025, with its registered office in Indonesia PT CEAT Tyres Indonesia is, inter alia, engaged in the business of selling Automotive Tyres, Tubes and other ancillary products/activities. Last 3 years Turnover: Not Applicable as the entity was incorporated in February 2025.

==> picture [96 x 17] intentionally omitted <==