CEAT Limited has informed the Exchange about Credit Rating

New Credit FacilityCredit & Debt View source PDF Explain this filing

CEATLTD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+0.4%Reaction day

₹3592.80

prior close

₹3590.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.2%+0.6% vs market

Tyres & Rubber Products peers, median of 15sector+0.2%+0.3% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Smallcap 250 and 0.3 pts more 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

Stock

+0.7

10m

+1.3

15m

+1.4

30m

+1.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.4-0.2+0.6+0.2+0.3

Next day

-1.2-2.1+0.9-1.4+0.2

-1.3-1.5+0.2-1.2-0.1

-2.4-0.8-1.7-1.8-0.7

-0.6+0.0-0.7-1.1+0.4

+1.3+1.6-0.3-0.7+2.0

+1.3+2.7-1.4+0.6+0.7

15d

+7.2+3.5+3.7+2.4+4.8

+6.4+4.3+2.2+1.8+4.6

-10.3-1.7-8.5-5.8-4.5

-4.4+1.8-6.2+2.3-6.7

UpDownMarket · Nifty Smallcap 250Sector · Tyres & Rubber Products peers, median of 15Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

CARE Ratings has reaffirmed CEAT Limited's credit ratings while expanding its borrowing limits. The long-term bank facility limit was raised from Rs. 969 crore to Rs. 1,469 crore, retaining the CARE AA rating with a 'Positive' outlook. The commercial paper (short-term borrowing) limit was also doubled from Rs. 500 crore to Rs. 1,000 crore, rated CARE A1+, the highest short-term rating. Additionally, a new proposed Non-Convertible Debenture (NCD) of Rs. 500 crore was assigned a CARE AA; Positive rating. The 'Positive' outlook indicates that the rating agency sees room for an upgrade in the future.

Likely market impact

This is a positive signal for shareholders — CEAT's strong credit profile (AA/A1+) is reaffirmed, banks and investors are willing to lend it more money at favorable terms, and the 'Positive' outlook suggests potential future upgrade, reflecting confidence in the company's financial health.