CEAT gets temporary Methanol procurement suspension from FDA Maharashtra

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CEATLTD · price

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Price reactionminutes from the announcement price · days from the prior close

-2.0%Reaction day

₹3609.30

prior close

₹3573.90

announcement price

In-mkt

timing

Nifty Smallcap 250market-0.6%-1.4% vs market

Tyres & Rubber Products peers, median of 16sector+0.0%-2.0% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty Smallcap 250 and 2.0 pts less than its Tyres & Rubber Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-2.0-0.6-1.4+0.0-2.0

Next day

-1.2-0.0-1.1+0.9-2.0

-1.6+0.4-2.0+1.2-2.8

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UpDownMarket · Nifty Smallcap 250Sector · Tyres & Rubber Products peers, median of 16Pending

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AI summary

FDA Maharashtra has ordered CEAT Limited a temporary suspension of its license to procure Methanol, effective September 1 to September 15, 2026, under Maharashtra Poisons Rules 1972. The order cites alleged violations of Rules 9 and 11 on competent person norms. CEAT says it has arranged alternate Methanol supplies and already addressed the flagged issues, with no material adverse impact on financials or operations.

Likely market impact

Short 15-day license suspension. CEAT says alternate Methanol sourcing is in place and no material impact expected on operations or finances.