Ceat Ltd. — Regulatory Filings 2021

Dec 17, 2021

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December 17, 2021

BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai 400 001 Mumbai 400 051 Security Code: 500878 Symbol: CEATLTD NCD symbol: CL23, CL25 CP Listed ISIN: INE482A14AP3, INE482A14AQ1, INE482A14AR9, INE482A14AS7, INE482A14AT5, INE482A14AU3, INE482A14AV1, INE482A14AW9

Sub: Intimation regarding Credit Rating by CARE Ratings Limited (CARE)

Dear Sir/Madam,

Pursuant to Regulation 30 read with Regulation 51 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended and SEBI circular no. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, this is to inform you that CARE Ratings Limited (CARE), a Rating Agency has confirmed the credit ratings for the following facilities of the Company:

Facilities	Amount	Rating/Outlook	Rating Action
Long Term Bank Facilities	Rs. 860 Crore (Enhanced from Rs. 800 Crore)	CARE AA; Stable (Double A; Outlook: Stable)	Reaffirmed
Short Term Bank Facilities	Rs. 1,150 Crore	CARE A1+ (A One Plus)	Reaffirmed
Commercial Paper	Rs. 500 Crore (Enhanced from Rs. 350 Crore)	CARE A1+ (A One Plus)	Reaffirmed

We request you to kindly take the same on record.

Thanking you,

Yours faithfully,

For CEAT Limited

Vallari Gupte

Company Secretary and Compliance Officer

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