Ceat Ltd. — Capital/Financing Update 2020

Jun 25, 2020

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June 25, 2020

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

CP Listing ISIN INE482A14957, INE482A14965, INE482A14973, INE482A14981, INE482A14999

Dear Sirs /Madam,

Sub: Reporting of Annual Disclosure for FY 2020 to be made by an entity identified as a Large Corporate

With reference to clause 4.1 (ii) of the SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, for fund raising by issuance of Debt Securities by Large Entities, please find enclosed confirmation certificate pertaining to financial year 2019-20 in the format as prescribed under Annexure B1 of the said circular.

We request you to kindly take the above on record.

Thanking you,

Sincerely, For CEAT Limited

Vallari Gupte Company Secretary & Compliance Officer

Encl: as above

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Annexure B1

Annual Disclosure to be made by an entity identified as a Large Corporate

1. Name of the Company: CEAT Limited

2. CIN: L25100MH1958PLC011041

3. Report filed for FY: FY 2019-20

4. *Details of the borrowings (all figures in Rs crore):

Sr.	Particulars	Details
**i. **	Incremental borrowing done in FY (a)	Rs. 427.24
**ii. **	Mandatory borrowing to be done through issuance of debt securities (b)= (25% of a)	Rs.106.81
**iii. **	Actual borrowings done through debt securities in FY (c)	Nil
**iv. **	Shortfall in the mandatory borrowing through debt securities, if any (d) = (b) - (c) {If the calculated value is zero or negative, write"nil"}	Rs.106.81
**v. **	Reasons for short fall, if any, in mandatory borrowings through debt securities	The incremental borrowings done during the FY 2019-20 were under the financial tie-ups done through existing bank sanctions for long-term borrowings of 10 years in nature, primarily for capital expenditure and other financial obligations and hence, there was no necessity for any incremental borrowings through issue of debt securities.

*Details of long term borrowings of maturity more than 1 year excluding the External Commercial Borrowings and Inter Corporate Borrowings.

_____ Name: Vallari Gupte Designation: Company Secretary Email id: vallari.gupte@ceat.com Contact no: 022- 24930621

_______ Name: Kumar Subbiah Designation: Chief Financial Officer Email id: subbiah.kumar@ceat.com Contact no: 022- 24930621

Date: June 25, 2020

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