CEAT Limited has informed the Exchange about General Updates on ESG rating
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Awaiting price reaction for this filing.
CEAT Limited has informed the stock exchanges that NSE Sustainability Ratings & Analytics Limited has voluntarily assigned an ESG rating of '63' to the company for FY 2024. The rating was communicated under SEBI's Listing Obligations and Disclosure Requirements Regulations. No further details on the rating methodology or comparison with peers were provided in the filing.
An ESG rating of 63 (on a 100 scale) is a moderate score that signals decent but not top-tier sustainability performance. This is largely an informational disclosure and is unlikely to cause any immediate movement in CEAT's stock price, though it may be noted by ESG-focused institutional investors.